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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  8.9% 7.9% 9.2% 8.5% 10.4%  
Credit score (0-100)  29 31 25 28 22  
Credit rating  BB BB BB BB BB  
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  363 456 512 539 505  
EBITDA  -59.3 1.7 48.3 44.8 8.3  
EBIT  -66.0 -5.1 41.6 38.1 6.3  
Pre-tax profit (PTP)  -66.8 -6.7 42.5 37.7 6.3  
Net earnings  -52.7 -5.6 33.1 29.3 4.7  
Pre-tax profit without non-rec. items  -66.8 -6.7 42.5 37.7 6.3  

 
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  22.1 15.4 8.7 2.0 0.0  
Shareholders equity total  45.1 39.5 72.7 102 107  
Interest-bearing liabilities  19.5 4.5 4.5 0.0 0.0  
Balance sheet total (assets)  111 241 176 196 219  

Net Debt  -41.0 -135 -144 -128 -78.4  
 
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  363 456 512 539 505  
Gross profit growth  -34.6% 25.5% 12.3% 5.3% -6.3%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  111 241 176 196 219  
Balance sheet change%  -38.5% 117.1% -27.0% 11.4% 11.9%  
Added value  -59.3 1.7 48.3 44.8 8.3  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -13 -13 -13 -13 -4  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -1.0 -2.0 1.0 2.0 3.0  

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 (%)  -18.2% -1.1% 8.1% 7.1% 1.2%  
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 %  -45.3% -2.9% 20.7% 20.5% 3.1%  
ROI %  -72.2% -9.3% 71.3% 42.6% 6.1%  
ROE %  -73.7% -13.2% 59.1% 33.5% 4.5%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  40.7% 16.4% 41.3% 52.0% 48.6%  
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, %  69.1% -8,183.4% -298.0% -286.4% -948.2%  
Gearing %  43.3% 11.5% 6.3% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  4.0% 13.6% 15.2% 16.9% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.4 1.1 1.6 2.1 1.9  
Current Ratio  1.4 1.1 1.6 2.1 1.9  
Cash and cash equivalent  60.5 139.7 148.5 128.3 78.4  

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  23.0 24.2 64.0 99.9 106.6  
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  -59 2 48 45 8  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -59 2 48 45 8  
EBIT / employee  -66 -5 42 38 6  
Net earnings / employee  -53 -6 33 29 5