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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  6.2% 6.3% 5.6% 6.1% 4.1%  
Credit score (0-100)  39 37 39 38 48  
Credit rating  BBB BBB BBB BBB BBB  
Credit limit (kDKK)  -0.0 -0.0 -0.0 -0.0 -0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  759 994 702 481 275  
EBITDA  167 258 392 307 163  
EBIT  167 217 344 259 116  
Pre-tax profit (PTP)  10.0 40.1 191.2 154.8 18.3  
Net earnings  4.7 29.6 151.3 126.0 14.1  
Pre-tax profit without non-rec. items  10.0 40.1 191 155 18.3  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 24.3 16.0 7.6 0.0  
Shareholders equity total  -872 -842 -691 -565 -301  
Interest-bearing liabilities  3,116 2,667 2,211 1,853 1,117  
Balance sheet total (assets)  2,590 2,444 2,046 1,806 911  

Net Debt  3,101 2,664 2,210 1,849 1,081  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  759 994 702 481 275  
Gross profit growth  0.0% 31.0% -29.5% -31.5% -42.8%  
Employees  2 2 2 0 2  
Employee growth %  100.0% 0.0% 0.0% -100.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  2,590 2,444 2,046 1,806 911  
Balance sheet change%  79.7% -5.6% -16.3% -11.7% -49.6%  
Added value  167.1 257.6 392.4 306.9 163.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  68 74 -96 -96 -94  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 2.0 3.0 4.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  22.0% 21.8% 49.1% 53.9% 42.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  5.5% 6.5% 12.0% 10.7% 7.4%  
ROI %  5.9% 7.5% 14.6% 13.1% 8.6%  
ROE %  0.2% 1.2% 6.7% 6.5% 1.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -25.4% -25.6% -25.2% -23.8% -24.8%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  1,855.6% 1,034.5% 563.2% 602.6% 662.8%  
Gearing %  -357.4% -316.6% -319.9% -327.9% -371.1%  
Net interest  0 0 0 0 0  
Financing costs %  5.6% 6.2% 7.0% 5.8% 7.7%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.2 0.2 0.2 0.4 0.3  
Current Ratio  0.7 0.7 0.7 0.7 0.8  
Cash and cash equivalent  15.0 3.0 1.0 3.7 35.4  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -915.7 -985.7 -786.5 -592.2 -289.8  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  84 129 196 0 82  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  84 129 196 0 82  
EBIT / employee  84 109 172 0 58  
Net earnings / employee  2 15 76 0 7