Sky Branding ApS — Credit Rating and Financial Key Figures

CVR number: 37352470
Katrinebjergvej 107, 8200 Aarhus N

Company information

Official name
Sky Branding ApS
Personnel
6 persons
Established
2016
Company form
Private limited company
Industry

About Sky Branding ApS

Sky Branding ApS (CVR number: 37352470) is a company from AARHUS. The company recorded a gross profit of 8450.5 kDKK in 2020. The operating profit was -3549.3 kDKK, while net earnings were -4669.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.2 %, which can be considered poor and Return on Equity (ROE) was -150.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sky Branding ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit10 779.499 925.519 961.4310 114.008 450.52
EBIT5 479.773 419.723 125.641 573.05-3 549.30
Net earnings4 278.632 675.332 463.021 190.83-4 669.08
Shareholders equity total4 328.636 864.029 327.051 240.83-4 618.26
Balance sheet total (assets)6 393.3311 340.1511 911.518 459.114 977.24
Net debt-2 864.38-4 038.90- 883.19- 189.561 534.58
Profitability
EBIT-%
ROA85.9 %38.8 %28.3 %18.3 %-39.2 %
ROE98.8 %47.8 %30.4 %22.5 %-150.2 %
ROI126.8 %61.5 %40.5 %27.3 %-109.1 %
Economic value added (EVA)4 274.222 593.802 223.45779.97-3 185.58
Solvency
Equity ratio67.7 %60.5 %78.3 %14.7 %-48.1 %
Gearing0.0 %239.3 %-38.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.44.51.10.5
Current ratio2.82.44.51.10.5
Cash and cash equivalents2 864.384 038.90883.883 158.48229.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAC

Variable visualization

ROA:-39.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-48.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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