Equation ApS — Credit Rating and Financial Key Figures

CVR number: 31500982
Østergade 13, 1100 København K
Free credit report Annual report

Company information

Official name
Equation ApS
Established
2008
Company form
Private limited company
Industry

About Equation ApS

Equation ApS (CVR number: 31500982) is a company from KØBENHAVN. The company recorded a gross profit of 842.9 kDKK in 2024. The operating profit was 842.9 kDKK, while net earnings were -342.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent but Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Equation ApS's liquidity measured by quick ratio was 4.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit353.28592.61969.09681.73842.91
EBIT353.28592.617.53681.73842.91
Net earnings139.34918.28- 169.98194.66- 342.48
Shareholders equity total2 459.723 378.003 208.023 402.683 060.20
Balance sheet total (assets)2 511.503 383.813 331.103 482.953 966.67
Net debt-97.00-1 652.93-3 225.71- 752.43- 502.63
Profitability
EBIT-%
ROA14.6 %31.3 %1.6 %22.0 %22.7 %
ROE5.8 %31.5 %-5.2 %5.9 %-10.6 %
ROI18.2 %31.6 %1.6 %22.6 %25.8 %
Economic value added (EVA)156.78469.01- 163.87370.47428.83
Solvency
Equity ratio97.9 %99.8 %96.3 %97.7 %77.1 %
Gearing0.7 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio48.5578.426.942.94.3
Current ratio48.5578.426.942.94.3
Cash and cash equivalents97.001 652.933 225.71776.51547.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.