123 Secure A/S — Credit Rating and Financial Key Figures

CVR number: 24224333
Vallerødgade 9, 2960 Rungsted Kyst
fmo@cloudeon.com
tel: 70211112

Company information

Official name
123 Secure A/S
Established
1999
Company form
Limited company
Industry

About 123 Secure A/S

123 Secure A/S (CVR number: 24224333) is a company from HØRSHOLM. The company recorded a gross profit of 625.4 kDKK in 2017. The operating profit was 195.4 kDKK, while net earnings were 301.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 123 Secure A/S's liquidity measured by quick ratio was 6 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
2016
2017
Volume
Net sales
Gross profit1 753.76625.43
EBIT261.79195.43
Net earnings66.23301.17
Shareholders equity total715.491 016.67
Balance sheet total (assets)1 311.791 221.38
Net debt-35.69- 347.55
Profitability
EBIT-%
ROA20.9 %30.6 %
ROE9.3 %34.8 %
ROI37.4 %44.2 %
Economic value added (EVA)176.60119.04
Solvency
Equity ratio54.5 %83.2 %
Gearing2.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.26.0
Current ratio2.26.0
Cash and cash equivalents52.62347.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.2%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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