Selskabet af 5. maj 2023 ApS — Credit Rating and Financial Key Figures

CVR number: 28297394
Stenbukken 7, 9200 Aalborg SV

Credit rating

Company information

Official name
Selskabet af 5. maj 2023 ApS
Personnel
27 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Selskabet af 5. maj 2023 ApS

Selskabet af 5. maj 2023 ApS (CVR number: 28297394) is a company from AALBORG. The company recorded a gross profit of 4501.1 kDKK in 2021. The operating profit was -1610.4 kDKK, while net earnings were -1551.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -113 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Selskabet af 5. maj 2023 ApS's liquidity measured by quick ratio was 0.1 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit4 322.003 104.003 307.004 964.004 501.09
EBIT415.00- 208.00-18.00858.00-1 610.44
Net earnings252.00- 216.00- 107.00662.00-1 551.24
Shareholders equity total1 809.001 593.001 486.002 148.00597.13
Balance sheet total (assets)7 142.006 337.006 273.009 217.008 503.57
Net debt808.00979.001 670.001 151.001 709.97
Profitability
EBIT-%
ROA6.8 %-2.9 %-0.3 %11.4 %-18.2 %
ROE15.0 %-12.7 %-7.0 %36.4 %-113.0 %
ROI16.5 %-5.8 %-0.5 %24.4 %-51.0 %
Economic value added (EVA)279.62- 192.99-68.07620.17-1 571.29
Solvency
Equity ratio25.3 %25.1 %23.7 %23.3 %7.1 %
Gearing103.2 %95.7 %136.6 %67.2 %334.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.20.1
Current ratio1.21.21.11.00.9
Cash and cash equivalents1 058.00545.00360.00292.00285.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-18.2%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.10%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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