RoadSurfing ApS — Credit Rating and Financial Key Figures

CVR number: 39238527
Rosenkæret 22 A, 2860 Søborg
info@roadsurfing.dk
tel: 88447030
www.roadsurfing.dk

Credit rating

Company information

Official name
RoadSurfing ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About RoadSurfing ApS

RoadSurfing ApS (CVR number: 39238527) is a company from GLADSAXE. The company recorded a gross profit of 417.8 kDKK in 2021. The operating profit was 222.4 kDKK, while net earnings were 167.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 85.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. RoadSurfing 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 sales708.88
Gross profit280.2696.61184.50289.93417.80
EBIT-20.0891.10161.69-22.71222.43
Net earnings-22.7170.08122.41-22.71167.39
Shareholders equity total111.55120.08189.59111.58278.94
Balance sheet total (assets)1 370.561 051.922 449.511 370.561 389.05
Net debt364.31825.271 693.57364.31879.18
Profitability
EBIT-%12.9 %
ROA-1.5 %7.5 %9.2 %-1.2 %16.1 %
ROE-20.4 %60.5 %79.1 %-15.1 %85.7 %
ROI-2.8 %10.9 %9.7 %-1.5 %23.0 %
Economic value added (EVA)-20.0876.47117.77-6.97179.25
Solvency
Equity ratio8.1 %11.4 %7.7 %8.1 %20.1 %
Gearing534.3 %698.5 %1158.5 %534.2 %339.1 %
Relative net indebtedness %129.6 %
Liquidity
Quick ratio0.20.00.20.20.1
Current ratio1.00.11.01.01.2
Cash and cash equivalents231.7313.45502.75231.7366.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-116.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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