KommuneBetaling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KommuneBetaling ApS
KommuneBetaling ApS (CVR number: 37960578) is a company from RANDERS. The company reported a net sales of 0.3 mDKK in 2021, demonstrating a decline of -34.7 % compared to the previous year. The operating profit percentage was poor at -30.6 % (EBIT: -0.1 mDKK), while net earnings were -102.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37 %, which can be considered poor and Return on Equity (ROE) was -51.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KommuneBetaling 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 251.92 | 235.91 | 206.33 | 511.04 | 333.69 |
| Gross profit | 121.52 | 197.90 | 158.27 | 402.37 | 319.31 |
| EBIT | -10.47 | -43.53 | 6.67 | -29.02 | - 102.20 |
| Net earnings | -10.47 | -43.53 | 6.67 | -29.33 | - 102.30 |
| Shareholders equity total | 39.53 | -4.05 | 2.42 | -26.91 | - 129.21 |
| Balance sheet total (assets) | 60.94 | 71.72 | 37.01 | 165.16 | 231.86 |
| Net debt | -24.38 | -60.97 | -11.89 | - 150.91 | |
| Profitability | |||||
| EBIT-% | -4.2 % | -18.5 % | 3.2 % | -5.7 % | -30.6 % |
| ROA | -17.2 % | -63.7 % | 11.8 % | -25.3 % | -37.0 % |
| ROE | -26.5 % | -78.3 % | 18.0 % | -35.0 % | -51.5 % |
| ROI | -26.5 % | -220.3 % | 550.9 % | -2396.0 % | |
| Economic value added (EVA) | -10.47 | -44.29 | 9.94 | -28.54 | -93.27 |
| Solvency | |||||
| Equity ratio | 64.9 % | -5.3 % | 6.5 % | -14.0 % | -35.8 % |
| Gearing | |||||
| Relative net indebtedness % | -1.2 % | 6.3 % | 11.0 % | 8.1 % | 108.2 % |
| Liquidity | |||||
| Quick ratio | 2.1 | 0.8 | 1.0 | 0.9 | 0.6 |
| Current ratio | 2.1 | 0.8 | 1.0 | 0.9 | 0.6 |
| Cash and cash equivalents | 24.38 | 60.97 | 11.89 | 150.91 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 30.0 | 1.5 | 37.8 | 10.2 | 253.6 |
| Net working capital % | 9.4 % | -5.9 % | -0.7 % | -5.3 % | -38.7 % |
| Credit risk | |||||
| Credit rating | BB | B | B | BB | B |
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