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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  25.0% 17.6% 14.6% 12.5% 21.1%  
Credit score (0-100)  4 9 13 18 4  
Credit rating  B B BB BB B  
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  2,189 1,506 1,653 0 0  
Gross profit  1,237 878 1,138 596 581  
EBITDA  189 -186 83.7 -40.3 16.7  
EBIT  189 -186 83.7 -40.3 16.7  
Pre-tax profit (PTP)  187.2 -188.3 81.0 -42.0 16.7  
Net earnings  156.4 -188.3 81.0 -42.0 45.7  
Pre-tax profit without non-rec. items  187 -188 81.0 -42.0 16.7  

 
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 0.0 0.0 0.0 0.0  
Shareholders equity total  118 -69.9 11.1 8.0 53.7  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 4.0  
Balance sheet total (assets)  367 315 284 97.0 113  

Net Debt  -367 -305 -272 -46.4 -79.4  
 
See the entire balance sheet

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

Net sales  2,189 1,506 1,653 0 0  
Net sales growth  0.0% -31.2% 9.8% -100.0% 0.0%  
Gross profit  1,237 878 1,138 596 581  
Gross profit growth  127.7% -29.0% 29.6% -47.7% -2.5%  
Employees  0 0 0 2 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  -1,048.5 -1,064.7 -1,054.6 0.0 0.0  
Balance sheet total (assets)  367 315 284 97 113  
Balance sheet change%  24.5% -14.1% -10.0% -65.8% 16.1%  
Added value  1,237.4 878.4 1,138.3 -40.3 16.7  
Added value %  56.5% 58.3% 68.9% 0.0% 0.0%  
Investments  0 0 0 0 0  

Net sales trend  0.0 -1.0 1.0 -1.0 0.0  
EBIT trend  1.0 -1.0 1.0 -1.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  8.6% -12.4% 5.1% 0.0% 0.0%  
EBIT %  8.6% -12.4% 5.1% 0.0% 0.0%  
EBIT to gross profit (%)  15.3% -21.2% 7.4% -6.8% 2.9%  
Net Earnings %  7.1% -12.5% 4.9% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  7.1% -12.5% 4.9% 0.0% 0.0%  
Pre tax profit less extraordinaries %  8.6% -12.5% 4.9% 0.0% 0.0%  
ROA %  57.1% -49.5% 25.0% -21.2% 16.0%  
ROI %  124.0% -114.5% 46.1% -31.7% 51.0%  
ROE %  145.8% -86.8% 49.6% -439.7% 148.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  32.3% -18.2% 3.9% 8.2% 47.7%  
Relative indebtedness %  11.4% 25.6% 16.5% 0.0% 0.0%  
Relative net indebtedness %  -5.4% 5.3% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -194.3% 164.0% -325.4% 115.0% -474.5%  
Gearing %  0.0% 0.0% 0.0% 0.0% 7.4%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.0 5.6 7.5 1.0 1.9  
Current Ratio  0.0 5.6 7.6 1.1 1.9  
Cash and cash equivalent  367.1 305.5 272.4 46.4 83.4  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.9 1.1 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  16.8% 20.9% 17.2% 0.0% 0.0%  
Net working capital  367.1 259.2 246.6 8.0 53.7  
Net working capital %  16.8% 17.2% 14.9% 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  0 0 0 -20 8  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 -20 8  
EBIT / employee  0 0 0 -20 8  
Net earnings / employee  0 0 0 -21 23