Selskabet af 17.12.2018 A/S — Credit Rating and Financial Key Figures

CVR number: 34893349
Lindevej 15, 7100 Vejle

Company information

Official name
Selskabet af 17.12.2018 A/S
Established
2012
Company form
Limited company
Industry

About Selskabet af 17.12.2018 A/S

Selskabet af 17.12.2018 A/S (CVR number: 34893349) is a company from HEDENSTED. The company recorded a gross profit of 3300 kDKK in 2017. The operating profit was 251.9 kDKK, while net earnings were -2084.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -125.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3 %, 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. Selskabet af 17.12.2018 A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit6 548.473 299.96
EBIT1 051.69251.88
Net earnings447.79-2 084.19
Shareholders equity total2 624.46694.43
Balance sheet total (assets)27 280.6123 439.09
Net debt6 974.523 848.43
Profitability
EBIT-%
ROA5.2 %-4.6 %
ROE17.1 %-125.6 %
ROI14.2 %-20.2 %
Economic value added (EVA)743.93255.50
Solvency
Equity ratio9.6 %3.0 %
Gearing265.8 %560.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.8
Current ratio0.90.8
Cash and cash equivalents0.1045.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-4.63%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.96%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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