MakeitBee Rights ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MakeitBee Rights ApS
MakeitBee Rights ApS (CVR number: 36911352) is a company from ODENSE. The company recorded a gross profit of 6.8 kDKK in 2019. The operating profit was 6.8 kDKK, while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MakeitBee Rights ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -2.26 | -26.45 | 36.28 | 6.79 | 
| EBIT | -2.26 | -26.45 | 36.28 | 6.79 | 
| Net earnings | -3.31 | -19.76 | 28.25 | 5.00 | 
| Shareholders equity total | 44.84 | 25.08 | 53.33 | 58.34 | 
| Balance sheet total (assets) | 730.77 | 714.26 | 747.95 | 278.30 | 
| Net debt | - 556.97 | -1.93 | -44.96 | 127.76 | 
| Profitability | ||||
| EBIT-% | ||||
| ROA | -0.3 % | -3.7 % | 5.0 % | 1.3 % | 
| ROE | -7.4 % | -56.5 % | 72.1 % | 9.0 % | 
| ROI | -4.8 % | -73.0 % | 92.2 % | 4.6 % | 
| Economic value added (EVA) | -2.26 | 6.50 | 27.17 | 4.88 | 
| Solvency | ||||
| Equity ratio | 6.1 % | 3.5 % | 7.1 % | 21.0 % | 
| Gearing | 5.3 % | 0.5 % | 0.2 % | 312.9 % | 
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.1 | 1.0 | 1.1 | 1.3 | 
| Current ratio | 1.1 | 1.0 | 1.1 | 1.3 | 
| Cash and cash equivalents | 559.35 | 2.06 | 45.08 | 54.75 | 
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB | 
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