Float Studio ApS

CVR number: 39741296
Fredensgade 42 G, 8000 Aarhus C
info@floatstudio.dk
tel: 28684611
www.floatstudio.dk

Credit rating

Company information

Official name
Float Studio ApS
Personnel
21 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon96Other personal service activities

About the company

Float Studio ApS (CVR number: 39741296) is a company from AARHUS. The company recorded a gross profit of 397.1 kDKK in 2023. The operating profit was -2986.7 kDKK, while net earnings were -3179.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.3 %, which can be considered poor and Return on Equity (ROE) was -94.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -287.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Float Studio ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit589.78259.28- 337.32- 204.59397.08
EBIT83.89- 491.50-1 921.87-2 619.72-2 986.72
Net earnings64.56- 391.97-2 195.32-2 774.94-3 179.20
Shareholders equity total114.56142.59-2 052.73-4 577.67-7 756.87
Balance sheet total (assets)341.22456.371 771.373 078.893 643.28
Net debt- 297.73- 158.60544.93- 124.00- 214.98
Profitability
EBIT-%
ROA24.6 %-123.2 %-89.8 %-45.6 %-31.3 %
ROE56.4 %-304.9 %-229.4 %-114.4 %-94.6 %
ROI73.2 %-251.3 %-343.8 %-267.0 %-287.2 %
Economic value added (EVA)65.45- 374.39-1 997.38-2 483.08-2 707.29
Solvency
Equity ratio33.6 %31.2 %-101.0 %-177.0 %-287.5 %
Gearing94.0 %-41.0 %-24.5 %-12.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.30.31.11.2
Current ratio1.51.30.10.30.2
Cash and cash equivalents297.73292.57296.571 244.531 173.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCCC

Variable visualization

ROA:-31.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-287.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

Companies in the same industry

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