Surf Shack ApS — Credit Rating and Financial Key Figures

CVR number: 40391754
Nørre Farimagsgade 63, 1364 København K

Credit rating

Company information

Official name
Surf Shack ApS
Personnel
4 persons
Established
2019
Company form
Private limited company
Industry

About Surf Shack ApS

Surf Shack ApS (CVR number: 40391754) is a company from KØBENHAVN. The company recorded a gross profit of 1000.6 kDKK in 2023. The operating profit was 42.3 kDKK, while net earnings were 38.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Surf Shack ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit578.33544.95932.451 328.791 000.62
EBIT- 137.06221.94243.20430.2342.31
Net earnings- 120.26103.26184.53331.4738.87
Shareholders equity total-19.9583.31343.44674.91713.78
Balance sheet total (assets)600.82604.26986.611 177.361 174.07
Net debt173.18- 281.19- 664.91- 109.13- 388.14
Profitability
EBIT-%
ROA-22.1 %36.2 %30.6 %39.8 %4.4 %
ROE-20.0 %30.2 %86.5 %65.1 %5.6 %
ROI-30.4 %60.1 %59.8 %68.2 %6.8 %
Economic value added (EVA)- 117.74172.53208.69359.797.43
Solvency
Equity ratio-3.2 %13.8 %34.8 %57.3 %60.8 %
Gearing-2259.2 %216.0 %52.7 %9.0 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.61.92.42.6
Current ratio2.91.61.92.42.6
Cash and cash equivalents277.54461.12845.77169.81475.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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