Standard Practice ApS — Credit Rating and Financial Key Figures

CVR number: 42269433
Bådehavnsgade 42 P, 2450 København SV
accounts@standardpractice.co

Company information

Official name
Standard Practice ApS
Personnel
6 persons
Established
2021
Company form
Private limited company
Industry

About Standard Practice ApS

Standard Practice ApS (CVR number: 42269433) is a company from KØBENHAVN. The company recorded a gross profit of 1302.6 kDKK in 2024. The operating profit was 22.4 kDKK, while net earnings were 5.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -20.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Standard Practice ApS's liquidity measured by quick ratio was 0.8 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
2021
2022
2023
2024
Volume
Net sales
Gross profit162.83921.72595.971 302.57
EBIT33.4515.32- 142.3822.41
Net earnings25.936.83- 150.915.10
Shareholders equity total65.9272.76-84.54-79.44
Balance sheet total (assets)124.34521.42466.58308.02
Net debt-69.58153.19146.290.24
Profitability
EBIT-%
ROA26.9 %4.7 %-26.5 %4.8 %
ROE39.3 %9.9 %-56.0 %1.3 %
ROI50.7 %10.5 %-73.5 %27.8 %
Economic value added (EVA)25.936.57- 153.7818.57
Solvency
Equity ratio53.0 %14.0 %-15.3 %-20.5 %
Gearing211.8 %-190.2 %-0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.20.80.8
Current ratio2.11.20.80.8
Cash and cash equivalents69.580.8914.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:4.77%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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