AREA9 INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AREA9 INVEST ApS
AREA9 INVEST ApS (CVR number: 34489335K) is a company from KØBENHAVN. The company recorded a gross profit of 108.7 mDKK in 2023. The operating profit was -37.1 mDKK, while net earnings were -52.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11 %, which can be considered poor and Return on Equity (ROE) was -53.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AREA9 INVEST ApS's liquidity measured by quick ratio was 5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 35 696.04 | 38 636.42 | 73 580.83 | 108 732.43 |
EBIT | -48 578.93 | -36 185.99 | -69 562.30 | -37 071.41 |
Net earnings | -46 939.93 | -34 899.10 | -69 187.85 | -52 163.68 |
Shareholders equity total | 226 292.46 | 192 288.48 | 117 752.76 | 79 389.52 |
Balance sheet total (assets) | 386 767.40 | 361 548.85 | 335 326.89 | 309 815.46 |
Net debt | -24 542.79 | 6 536.46 | 80 129.35 | 54 373.07 |
Profitability | ||||
EBIT-% | ||||
ROA | -12.0 % | -7.7 % | -17.9 % | -11.0 % |
ROE | -23.6 % | -19.0 % | -49.1 % | -53.4 % |
ROI | -12.6 % | -8.1 % | -20.2 % | -12.9 % |
Economic value added (EVA) | -37 581.91 | -42 477.86 | -77 193.38 | -42 122.34 |
Solvency | ||||
Equity ratio | 58.5 % | 53.2 % | 37.2 % | 27.9 % |
Gearing | 33.1 % | 39.5 % | 81.4 % | 83.4 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 9.1 | 4.7 | 1.8 | 5.0 |
Current ratio | 9.4 | 4.9 | 1.5 | 2.4 |
Cash and cash equivalents | 99 556.34 | 69 450.82 | 15 694.03 | 11 801.79 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | A |
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