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 -21 kDKK in 2023. The operating profit was -21 kDKK, while net earnings were 3388.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 70.3 %, which can be considered excellent and Return on Equity (ROE) was 41.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -17.3 %. 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 5.8 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 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -7.98 | -23.37 | -20.96 |
EBIT | -7.98 | -23.37 | -20.96 |
Net earnings | -2 177.39 | -3 573.02 | 3 388.90 |
Shareholders equity total | -2 137.39 | -5 710.41 | -2 321.52 |
Balance sheet total (assets) | 7 451.55 | 5 328.52 | 11 066.31 |
Net debt | 9 523.45 | 10 976.18 | 13 346.25 |
Profitability | |||
EBIT-% | |||
ROA | 22.8 % | 20.7 % | 70.3 % |
ROE | -29.2 % | -55.9 % | 41.3 % |
ROI | -22.7 % | -21.1 % | 27.7 % |
Economic value added (EVA) | -7.98 | 86.93 | 268.69 |
Solvency | |||
Equity ratio | -22.3 % | -51.7 % | -17.3 % |
Gearing | -448.2 % | -193.2 % | -576.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 7.6 | 7.9 | 5.8 |
Current ratio | 7.6 | 7.9 | 5.8 |
Cash and cash equivalents | 57.10 | 54.36 | 34.08 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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