Retail Scandinavia Århus II ApS — Credit Rating and Financial Key Figures

CVR number: 39428962
Lindgreens Allé 12, 2300 København S

Credit rating

Company information

Official name
Retail Scandinavia Århus II ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Retail Scandinavia Århus II ApS

Retail Scandinavia Århus II ApS (CVR number: 39428962) is a company from KØBENHAVN. The company recorded a gross profit of 997.2 kDKK in 2021. The operating profit was 431.5 kDKK, while net earnings were 423.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 40.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.3 %, 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. Retail Scandinavia Århus II ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
Volume
Net sales
Gross profit1 230.94760.50997.21
EBIT- 241.74- 582.61431.51
Net earnings- 236.04- 625.43423.29
Shareholders equity total263.96- 361.4861.81
Balance sheet total (assets)2 500.632 032.582 687.77
Net debt1 320.531 662.23871.29
Profitability
EBIT-%
ROA-9.7 %-24.3 %17.0 %
ROE-89.4 %-30.8 %40.4 %
ROI-13.0 %-27.7 %21.1 %
Economic value added (EVA)- 233.540.44- 582.61468.25
Solvency
Equity ratio10.6 %-15.1 %2.3 %
Gearing603.6 %-562.1 %3119.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.5
Current ratio0.60.60.8
Cash and cash equivalents272.67369.731 056.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.30%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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