Speed 1 Way ApS

CVR number: 40058184
Tinglykke 9, Skrydstrup 6500 Vojens

Credit rating

Company information

Official name
Speed 1 Way ApS
Personnel
6 persons
Established
2018
Domicile
Skrydstrup
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About the company

Speed 1 Way ApS (CVR number: 40058184) is a company from HADERSLEV. The company recorded a gross profit of 3107.2 kDKK in 2023. The operating profit was 287.7 kDKK, while net earnings were 104.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -35.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Speed 1 Way ApS's liquidity measured by quick ratio was 0.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 398.00859.001 855.003 009.003 107.22
EBIT342.00-1 516.00- 524.00357.00287.72
Net earnings239.00-1 248.00- 492.00184.00104.76
Shareholders equity total339.00- 909.00-1 401.00-1 217.00-1 112.62
Balance sheet total (assets)1 821.002 448.002 550.003 760.001 997.00
Net debt566.00915.002 574.001 302.001 714.01
Profitability
EBIT-%
ROA18.8 %-58.6 %-14.3 %8.0 %7.2 %
ROE70.5 %-89.6 %-19.7 %5.8 %3.6 %
ROI25.1 %-111.0 %-24.9 %13.6 %13.6 %
Economic value added (EVA)255.43-1 192.06- 350.40352.04321.05
Solvency
Equity ratio18.6 %-27.1 %-35.5 %-24.5 %-35.8 %
Gearing272.0 %-139.5 %-195.0 %-190.8 %-157.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.30.40.60.4
Current ratio0.90.30.40.60.5
Cash and cash equivalents356.00353.00158.001 020.0040.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBBB

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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