MARKET SELECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MARKET SELECT ApS
MARKET SELECT ApS (CVR number: 31091233) is a company from SVENDBORG. The company recorded a gross profit of 739.5 kDKK in 2023. The operating profit was -299.1 kDKK, while net earnings were -245.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.7 %, which can be considered poor and Return on Equity (ROE) was -46.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. MARKET SELECT ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 750.15 | 464.49 | 1 285.81 | 950.00 | 739.49 |
EBIT | 131.32 | - 116.48 | 426.28 | 56.71 | - 299.11 |
Net earnings | 98.09 | -96.55 | 322.79 | 30.01 | - 245.29 |
Shareholders equity total | 390.38 | 293.83 | 616.62 | 646.63 | 401.34 |
Balance sheet total (assets) | 632.16 | 648.35 | 1 161.96 | 1 163.45 | 723.81 |
Net debt | - 470.41 | - 150.06 | - 174.70 | - 259.67 | - 348.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.9 % | -18.2 % | 47.1 % | 4.9 % | -31.7 % |
ROE | 28.7 % | -28.2 % | 70.9 % | 4.8 % | -46.8 % |
ROI | 38.5 % | -34.0 % | 91.8 % | 8.4 % | -48.0 % |
Economic value added (EVA) | 93.74 | -87.51 | 324.14 | 18.74 | - 250.97 |
Solvency | |||||
Equity ratio | 61.8 % | 45.3 % | 53.1 % | 55.6 % | 55.4 % |
Gearing | 7.8 % | 33.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.8 | 2.0 | 2.2 | 2.0 |
Current ratio | 2.6 | 1.8 | 2.0 | 2.2 | 2.0 |
Cash and cash equivalents | 470.41 | 150.06 | 174.70 | 310.12 | 481.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
Variable visualization
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