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The ninesquares ApS — Credit Rating and Financial Key Figures

CVR number: 36691069
Godsparken 81, 2670 Greve
Free credit report Annual report

Credit rating

Company information

Official name
The ninesquares ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About The ninesquares ApS

The ninesquares ApS (CVR number: 36691069) is a company from GREVE. The company recorded a gross profit of 280.4 kDKK in 2024. The operating profit was 207.6 kDKK, while net earnings were 147.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. The ninesquares ApS's liquidity measured by quick ratio was 3.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit247.50225.12230.60227.28280.45
EBIT213.60166.48166.03157.44207.61
Net earnings158.16131.54114.14101.05147.92
Shareholders equity total748.26721.80835.94936.991 084.91
Balance sheet total (assets)961.551 075.931 187.151 299.241 475.70
Net debt- 726.82- 635.24- 748.25- 895.37-1 081.03
Profitability
EBIT-%
ROA24.4 %16.3 %14.7 %12.7 %15.0 %
ROE23.6 %17.9 %14.7 %11.4 %14.6 %
ROI28.4 %18.6 %16.2 %13.7 %16.2 %
Economic value added (EVA)131.47103.1879.1861.61103.33
Solvency
Equity ratio77.8 %67.1 %70.4 %72.1 %73.5 %
Gearing10.9 %33.6 %30.1 %28.6 %25.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.92.73.03.43.7
Current ratio4.32.93.33.53.7
Cash and cash equivalents808.74877.95999.681 163.311 358.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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