Abels ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Abels ApS
Abels ApS (CVR number: 37200697) is a company from FREDERIKSBERG. The company recorded a gross profit of 520.7 kDKK in 2018. The operating profit was -81.1 kDKK, while net earnings were -65.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.6 %, which can be considered poor and Return on Equity (ROE) was -79.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Abels ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 320.15 | 678.13 | 520.68 |
EBIT | -45.24 | 0.43 | -81.10 |
Net earnings | -39.56 | -2.28 | -65.69 |
Shareholders equity total | 13.24 | 10.96 | -54.73 |
Balance sheet total (assets) | 95.17 | 123.96 | 154.78 |
Net debt | 17.35 | -29.34 | -20.61 |
Profitability | |||
EBIT-% | |||
ROA | -47.5 % | 0.4 % | -48.6 % |
ROE | -298.8 % | -18.8 % | -79.3 % |
ROI | -147.9 % | 2.1 % | -1479.8 % |
Economic value added (EVA) | -36.46 | -0.24 | -63.17 |
Solvency | |||
Equity ratio | 13.9 % | 8.8 % | -26.1 % |
Gearing | 131.0 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.1 | 1.1 | 0.7 |
Current ratio | 1.1 | 1.1 | 0.7 |
Cash and cash equivalents | 29.34 | 20.61 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | B |
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