Equivalent ApS — Credit Rating and Financial Key Figures

CVR number: 41298367
Niels Hemmingsens Gade 10, 1153 København K
nkj@aera-ip.com
tel: 26166900

Credit rating

Company information

Official name
Equivalent ApS
Established
2020
Company form
Private limited company
Industry

About Equivalent ApS

Equivalent ApS (CVR number: 41298367) is a company from KØBENHAVN. The company recorded a gross profit of -28.6 kDKK in 2023. The operating profit was -28.6 kDKK, while net earnings were 78.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Equivalent ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.91- 345.3727 393.92-28.55
EBIT-7.91- 345.3727 393.92-28.55
Net earnings-6.17- 269.6020 746.6178.27
Shareholders equity total33.83- 235.7714 010.8414 089.11
Balance sheet total (assets)38.89199.1814 273.5214 259.82
Net debt-37.15-36.22- 133.2144.34
Profitability
EBIT-%
ROA-20.3 %-145.8 %372.6 %0.7 %
ROE-18.2 %-231.4 %292.0 %0.6 %
ROI-23.4 %-2041.8 %388.1 %0.7 %
Economic value added (EVA)-6.17- 269.2221 380.93- 714.16
Solvency
Equity ratio87.0 %-54.2 %98.2 %98.8 %
Gearing0.8 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio7.30.51.10.9
Current ratio7.30.51.10.9
Cash and cash equivalents37.1536.22241.9486.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:0.70%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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