1123 Services ApS — Credit Rating and Financial Key Figures

CVR number: 41262745
Esberns Alle 9, 2860 Søborg

Company information

Official name
1123 Services ApS
Established
2020
Company form
Private limited company
Industry

About 1123 Services ApS

1123 Services ApS (CVR number: 41262745) is a company from GLADSAXE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -45.3 % compared to the previous year. The operating profit percentage was at 83.9 % (EBIT: 0.5 mDKK), while net earnings were 428.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.5 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. 1123 Services ApS's liquidity measured by quick ratio was 3.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales278.39183.891 196.30654.70
Gross profit117.94-25.82970.68629.41
EBIT117.94-25.82970.68549.41
Net earnings91.99-25.82756.99428.63
Shareholders equity total131.99106.17863.161 291.79
Balance sheet total (assets)186.28295.941 107.161 824.52
Net debt-1.08-50.08- 168.59-0.18
Profitability
EBIT-%42.4 %-14.0 %81.1 %83.9 %
ROA63.3 %-10.7 %138.4 %37.5 %
ROE69.7 %-21.7 %156.2 %39.8 %
ROI89.4 %-21.7 %200.3 %51.0 %
Economic value added (EVA)91.99-32.40754.31393.64
Solvency
Equity ratio70.9 %35.9 %78.0 %70.8 %
Gearing
Relative net indebtedness %19.1 %76.0 %6.3 %81.3 %
Liquidity
Quick ratio3.41.64.53.4
Current ratio3.41.64.53.4
Cash and cash equivalents1.0850.08168.590.18
Capital use efficiency
Trade debtors turnover (days)45.8248.13.8
Net working capital %47.4 %57.7 %72.2 %197.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:37.5%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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