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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  3.1% 2.0% 1.6% 1.5% 1.3%  
Credit score (0-100)  58 68 73 75 79  
Credit rating  BBB A A A A  
Credit limit (kDKK)  0.0 0.1 2.1 4.9 37.4  

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  906 1,023 1,334 1,658 1,984  
EBITDA  373 460 583 624 827  
EBIT  154 232 339 396 615  
Pre-tax profit (PTP)  99.0 195.5 313.2 380.1 606.5  
Net earnings  74.2 149.0 232.3 289.2 458.1  
Pre-tax profit without non-rec. items  99.0 195 313 380 607  

 
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  96.1 48.1 15.8 0.0 0.0  
Shareholders equity total  229 378 610 900 1,208  
Interest-bearing liabilities  724 408 198 10.2 0.8  
Balance sheet total (assets)  1,452 1,479 1,573 1,571 1,843  

Net Debt  679 152 -9.7 -353 -848  
 
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  906 1,023 1,334 1,658 1,984  
Gross profit growth  14.7% 12.9% 30.4% 24.2% 19.7%  
Employees  1 1 1 2 2  
Employee growth %  0.0% 0.0% 0.0% 100.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  1,452 1,479 1,573 1,571 1,843  
Balance sheet change%  -12.4% 1.8% 6.3% -0.1% 17.3%  
Added value  372.8 459.6 583.1 640.2 827.0  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -226 -455 -161 -455 -424  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 3.0 4.0 5.0 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 (%)  17.1% 22.7% 25.4% 23.9% 31.0%  
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 %  9.9% 15.9% 22.2% 25.2% 36.0%  
ROI %  11.6% 21.3% 33.6% 37.3% 50.6%  
ROE %  38.7% 49.1% 47.0% 38.3% 43.5%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  15.8% 25.6% 38.8% 57.2% 65.5%  
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, %  182.2% 33.0% -1.7% -56.7% -102.5%  
Gearing %  316.3% 107.9% 32.4% 1.1% 0.1%  
Net interest  0 0 0 0 0  
Financing costs %  6.3% 6.6% 8.6% 15.3% 158.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.3 0.6 0.6 1.4 2.2  
Current Ratio  0.4 0.7 0.7 1.4 2.4  
Cash and cash equivalent  45.3 256.1 207.4 363.7 848.4  

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  -406.4 -240.3 -253.8 216.3 700.5  
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  373 460 583 320 413  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  373 460 583 312 413  
EBIT / employee  154 232 339 198 308  
Net earnings / employee  74 149 232 145 229