FORLAGET ATUAGKAT ApS

CVR number: 17714899
Innannguaq 25, 3900 Nuuk

Credit rating

Company information

Official name
FORLAGET ATUAGKAT ApS
Established
1994
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About FORLAGET ATUAGKAT ApS

FORLAGET ATUAGKAT ApS (CVR number: 17714899) is a company from SERMERSOOQ. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -18.2 % compared to the previous year. The operating profit percentage was poor at -14.6 % (EBIT: -0 mDKK), while net earnings were -10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -19.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FORLAGET ATUAGKAT ApS's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales140.93119.56160.20121.6799.54
Gross profit124.72- 407.27160.20121.67-14.55
EBIT186.73-68.6936.0948.00-14.55
Net earnings125.74-73.7223.8935.21-10.72
Shareholders equity total75.862.1426.0461.2450.52
Balance sheet total (assets)2 637.182 564.71142.342 527.742 500.27
Net debt-10.57-12.84-18.18-63.73-29.55
Profitability
EBIT-%132.5 %-57.5 %22.5 %39.5 %-14.6 %
ROA7.2 %-2.6 %2.7 %3.6 %-0.6 %
ROE9.7 %-189.0 %169.6 %80.7 %-19.2 %
ROI574.9 %-176.1 %256.2 %110.0 %-25.9 %
Economic value added (EVA)129.91-76.5027.0734.89-10.57
Solvency
Equity ratio2.9 %0.1 %18.3 %2.4 %2.0 %
Gearing
Relative net indebtedness %1809.9 %2132.6 %61.3 %1974.8 %2431.4 %
Liquidity
Quick ratio0.10.11.20.10.1
Current ratio0.30.11.20.10.1
Cash and cash equivalents10.5712.8418.1863.7329.55
Capital use efficiency
Trade debtors turnover (days)8.37.8
Net working capital %-1296.2 %-1966.0 %16.3 %-1881.1 %-2310.1 %
Credit risk
Credit ratingBBBCBBBB

Variable visualization

ROA:-0.58%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.02%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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