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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  7.6% 16.2% 20.0% 4.6% 29.6%  
Credit score (0-100)  33 11 5 45 1  
Credit rating  BB B C BB C  
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  0 211 2,890 0 0  
Gross profit  0.0 54.5 539 437 131  
EBITDA  0.0 54.5 318 108 -845  
EBIT  0.0 54.5 306 60.9 -1,059  
Pre-tax profit (PTP)  42.5 -26.5 284.9 25.8 -1,090.4  
Net earnings  42.5 -36.9 220.5 24.6 -1,039.8  
Pre-tax profit without non-rec. items  42.5 -26.5 285 25.8 -1,090  

 
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  42.6 5.7 271 295 -744  
Interest-bearing liabilities  148 20.7 0.0 276 489  
Balance sheet total (assets)  190 75.0 734 1,230 1,246  

Net Debt  147 15.6 -1.7 276 489  
 
See the entire balance sheet

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

Net sales  0 211 2,890 0 0  
Net sales growth  0.0% 0.0% 1,270.0% -100.0% 0.0%  
Gross profit  0.0 54.5 539 437 131  
Gross profit growth  0.0% 0.0% 888.4% -18.9% -70.0%  
Employees  0 1 1 1 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 100.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  190 75 734 1,230 1,246  
Balance sheet change%  190,000.0% -60.6% 879.4% 67.5% 1.3%  
Added value  0.0 54.5 318.0 72.8 -845.2  
Added value %  0.0% 25.9% 11.0% 0.0% 0.0%  
Investments  0 0 213 685 -375  

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

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 25.9% 11.0% 0.0% 0.0%  
EBIT %  0.0% 25.9% 10.6% 0.0% 0.0%  
EBIT to gross profit (%)  0.0% 100.0% 56.8% 13.9% -807.2%  
Net Earnings %  0.0% -17.5% 7.6% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% -17.5% 8.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% -12.6% 9.9% 0.0% 0.0%  
ROA %  44.7% -3.3% 75.7% 6.2% -65.6%  
ROI %  44.7% -4.1% 176.8% 12.9% -190.0%  
ROE %  199.1% -152.8% 159.6% 8.7% -135.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  22.4% 7.6% 36.9% 24.0% -37.4%  
Relative indebtedness %  0.0% 32.8% 14.3% 0.0% 0.0%  
Relative net indebtedness %  0.0% 30.4% 14.3% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  0.0% 28.7% -0.5% 254.9% -57.8%  
Gearing %  346.2% 364.2% 0.0% 93.6% -65.7%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 26.3% 207.3% 25.4% 9.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.4 1.1 1.2 0.3 0.2  
Current Ratio  0.4 1.1 1.2 0.3 0.2  
Cash and cash equivalent  0.1 5.1 1.7 0.3 0.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 101.7 52.7 0.0 0.0  
Trade creditors turnover (days)  0.0 29.2 36.6 0.0 0.0  
Current assets / Net sales %  0.0% 35.5% 17.6% 0.0% 0.0%  
Net working capital  -89.4 5.7 95.3 -626.1 -1,555.5  
Net working capital %  0.0% 2.7% 3.3% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 211 2,890 0 0  
Added value / employee  0 55 318 73 -423  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 55 318 108 -423  
EBIT / employee  0 55 306 61 -530  
Net earnings / employee  0 -37 221 25 -520