Credit rating
Company information
About DAVID'S ACE ApS
DAVID'S ACE ApS (CVR number: 25110714) is a company from RØDOVRE. The company recorded a gross profit of -24.9 kDKK in 2019. The operating profit was -115.9 kDKK, while net earnings were -115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -28.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DAVID'S ACE ApS's liquidity measured by quick ratio was 0.6 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 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -41.41 | -29.59 | -31.40 | -24.90 |
EBIT | -41.41 | -29.59 | -31.40 | - 115.90 |
Net earnings | -41.50 | -65.76 | -31.40 | - 115.92 |
Shareholders equity total | -20.46 | -86.22 | - 117.62 | - 233.53 |
Balance sheet total (assets) | 490.89 | 451.50 | 450.13 | 358.01 |
Net debt | -5.89 | -2.50 | -1.10 | |
Profitability | ||||
EBIT-% | ||||
ROA | -8.1 % | -12.5 % | -5.7 % | -20.0 % |
ROE | -8.5 % | -14.0 % | -7.0 % | -28.7 % |
ROI | ||||
Economic value added (EVA) | -41.41 | -28.26 | -26.95 | - 109.93 |
Solvency | ||||
Equity ratio | -4.0 % | -16.0 % | -20.7 % | -39.5 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.6 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.6 |
Cash and cash equivalents | 5.89 | 2.50 | 1.10 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | C |
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