Q-Style Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Q-Style Tech ApS
Q-Style Tech ApS (CVR number: 42268747) is a company from SOLRØD. The company recorded a gross profit of -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were -8896.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.3 %, which can be considered excellent but Return on Equity (ROE) was -130.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -81.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Q-Style Tech ApS's liquidity measured by quick ratio was 3.9 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -7.98 | -23.37 | -20.96 | -6.25 |
| EBIT | -7.98 | -23.37 | -20.96 | -6.25 |
| Net earnings | -2 177.39 | -3 573.02 | 3 388.90 | -8 896.63 |
| Shareholders equity total | -2 137.39 | -5 710.41 | -2 321.52 | -11 218.15 |
| Balance sheet total (assets) | 7 451.55 | 5 328.52 | 11 066.31 | 2 612.26 |
| Net debt | 9 523.45 | 10 976.18 | 13 346.25 | 13 795.09 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 22.8 % | 20.7 % | 70.3 % | 65.3 % |
| ROE | -29.2 % | -55.9 % | 41.3 % | -130.1 % |
| ROI | -22.7 % | -21.1 % | 27.7 % | -65.4 % |
| Economic value added (EVA) | -7.98 | - 397.36 | - 288.32 | - 561.95 |
| Solvency | ||||
| Equity ratio | -22.3 % | -51.7 % | -17.3 % | -81.1 % |
| Gearing | -448.2 % | -193.2 % | -576.4 % | -123.2 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 7.6 | 7.9 | 5.8 | 3.9 |
| Current ratio | 7.6 | 7.9 | 5.8 | 3.9 |
| Cash and cash equivalents | 57.10 | 54.36 | 34.08 | 27.82 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BBB | BB |
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