Off The Pitch ApS — Credit Rating and Financial Key Figures

CVR number: 40008977
Inge Lehmanns Gade 10, 8000 Aarhus C
www.offthepitch.com

Credit rating

Company information

Official name
Off The Pitch ApS
Personnel
9 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About Off The Pitch ApS

Off The Pitch ApS (CVR number: 40008977) is a company from AARHUS. The company recorded a gross profit of 1714.8 kDKK in 2023. The operating profit was -175.6 kDKK, while net earnings were -346.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -73.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Off The Pitch ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-2 114.92-1 450.06- 707.87503.231 714.84
EBIT-3 775.88-2 860.45-2 710.33-1 719.08- 175.61
Net earnings-3 006.97-2 342.07-2 218.36-2 869.19- 346.41
Shareholders equity total-2 956.97-5 299.04-7 517.40-10 386.59-10 733.00
Balance sheet total (assets)2 918.045 958.904 632.523 325.563 811.82
Net debt- 432.39-1 546.98- 685.09- 126.01- 149.13
Profitability
EBIT-%
ROA-64.2 %-33.4 %-23.2 %-13.3 %-1.2 %
ROE-103.0 %-52.8 %-41.9 %-72.1 %-9.7 %
ROI-67.6 %-35.2 %-24.9 %-30.5 %-40.6 %
Economic value added (EVA)-2 947.31-1 980.74-1 693.01-1 900.84461.15
Solvency
Equity ratio-50.5 %-47.1 %-61.9 %-75.7 %-73.8 %
Gearing-1.1 %-0.1 %-0.3 %-1.7 %-6.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.87.32.61.20.9
Current ratio4.67.12.61.20.9
Cash and cash equivalents465.141 552.11706.40305.58835.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-1.24%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-73.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer

Companies in the same industry

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