Allarity Therapeutics Europe ApS
Credit rating
Company information
About Allarity Therapeutics Europe ApS
Allarity Therapeutics Europe ApS (CVR number: 34623562) is a company from RUDERSDAL. The company recorded a gross profit of -49354 kDKK in 2023. The operating profit was -55.8 mDKK, while net earnings were -48.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.8 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Allarity Therapeutics Europe ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27 706.00 | -13 155.00 | -79 617.00 | -42 967.00 | -49 354.00 |
EBIT | -39 123.00 | -16 909.00 | -79 974.00 | - 170 425.00 | -55 811.00 |
Net earnings | -33 965.00 | -18 557.00 | -76 279.00 | - 142 438.00 | -48 735.00 |
Shareholders equity total | - 128 504.00 | - 147 061.00 | 386 284.00 | 243 758.00 | 195 023.00 |
Balance sheet total (assets) | 40 280.00 | 38 172.00 | 498 792.00 | 365 943.00 | 362 236.00 |
Net debt | 151 677.00 | 172 122.00 | 5 004.00 | 66 545.00 | 102 937.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.6 % | -5.6 % | -11.4 % | -39.4 % | -14.8 % |
ROE | -92.8 % | -47.3 % | -35.9 % | -45.2 % | -22.2 % |
ROI | -25.2 % | -6.0 % | -12.7 % | -44.3 % | -17.0 % |
Economic value added (EVA) | -29 203.24 | -7 834.49 | - 103 965.53 | - 136 515.92 | -40 308.48 |
Solvency | |||||
Equity ratio | -76.1 % | -79.4 % | 77.4 % | 66.6 % | 53.8 % |
Gearing | -122.4 % | -117.1 % | 5.2 % | 28.2 % | 52.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.3 | 0.5 | 0.1 | 0.1 |
Current ratio | 0.3 | 1.3 | 0.5 | 0.1 | 0.1 |
Cash and cash equivalents | 5 607.00 | 100.00 | 15 015.00 | 2 316.00 | 302.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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