AREA9 INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AREA9 INVEST ApS
AREA9 INVEST ApS (CVR number: 34489335) is a company from KØBENHAVN. The company recorded a gross profit of -218 kDKK in 2023. The operating profit was -218 kDKK, while net earnings were -39.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -40.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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 54.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 155.94 | - 291.56 | - 220.91 | - 226.89 | - 218.01 |
EBIT | - 155.94 | - 291.56 | - 220.91 | - 226.89 | - 218.01 |
Net earnings | -47 712.13 | -41 620.14 | -27 323.01 | -53 419.09 | -39 690.79 |
Shareholders equity total | 179 559.34 | 198 971.68 | 170 485.54 | 113 430.72 | 84 470.08 |
Balance sheet total (assets) | 255 704.98 | 277 839.91 | 246 617.72 | 193 347.17 | 214 534.92 |
Net debt | 52 890.25 | -10 466.89 | -15 858.91 | -2 258.61 | -3 557.24 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.3 % | -12.4 % | -9.3 % | -22.5 % | -17.1 % |
ROE | -27.0 % | -22.0 % | -14.8 % | -37.6 % | -40.1 % |
ROI | -18.3 % | -12.4 % | -9.3 % | -22.7 % | -17.4 % |
Economic value added (EVA) | -7 218.13 | -6 455.01 | -5 596.80 | -5 045.85 | -5 299.69 |
Solvency | |||||
Equity ratio | 70.2 % | 71.6 % | 69.1 % | 58.7 % | 39.4 % |
Gearing | 40.9 % | 3.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 33.0 | 114.2 | 46.3 | 54.6 |
Current ratio | 3.0 | 33.0 | 114.2 | 46.3 | 54.6 |
Cash and cash equivalents | 20 573.30 | 16 524.11 | 15 859.41 | 2 258.61 | 3 557.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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