DANISH PHYSICS ApS
Credit rating
Company information
About DANISH PHYSICS ApS
DANISH PHYSICS ApS (CVR number: 21509639) is a company from SKIVE. The company recorded a gross profit of -12.4 kDKK in 2019, demonstrating a growth of 9 % compared to the previous year. The operating profit was -12.4 kDKK, while net earnings were -16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.8 %, which can be considered poor and Return on Equity (ROE) was -93.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANISH PHYSICS ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 140.62 | 156.12 | 36.33 | |
Gross profit | 72.22 | 85.72 | -13.65 | -12.42 |
EBIT | 72.22 | 85.72 | -13.65 | -12.42 |
Net earnings | 51.13 | 64.23 | -11.06 | -16.31 |
Shareholders equity total | -50.60 | 13.63 | 2.56 | -13.75 |
Balance sheet total (assets) | 30.99 | 128.24 | 43.12 | 32.16 |
Net debt | -12.20 | -20.10 | -32.95 | -18.66 |
Profitability | ||||
EBIT-% | 51.4 % | 54.9 % | -37.6 % | |
ROA | 88.5 % | 81.7 % | -15.8 % | -27.8 % |
ROE | 165.0 % | 287.9 % | -136.7 % | -93.9 % |
ROI | 115.0 % | 119.7 % | -25.3 % | -49.6 % |
Economic value added (EVA) | 52.05 | 68.44 | -10.28 | -13.89 |
Solvency | ||||
Equity ratio | -62.0 % | 10.6 % | 5.9 % | -29.9 % |
Gearing | ||||
Relative net indebtedness % | 49.3 % | 60.5 % | 20.9 % | |
Liquidity | ||||
Quick ratio | 0.8 | 2.4 | 2.2 | 1.2 |
Current ratio | 1.6 | 2.7 | 2.6 | 1.4 |
Cash and cash equivalents | 12.20 | 20.10 | 32.95 | 18.66 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 225.0 | |||
Net working capital % | 8.7 % | 51.5 % | 73.6 % | |
Credit risk | ||||
Credit rating | C | B | B | B |
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