Credit rating
Company information
About HAPPY APP ApS
HAPPY APP ApS (CVR number: 35225927) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 45.2 kDKK in 2022. The operating profit was -151.5 kDKK, while net earnings were -154 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.6 %, which can be considered poor and Return on Equity (ROE) was -57.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HAPPY APP ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 125.74 | 285.03 | 331.15 | 146.21 | 45.23 |
EBIT | 125.74 | 41.75 | 73.33 | 22.27 | - 151.47 |
Net earnings | 125.74 | 32.48 | 69.04 | 11.34 | - 153.99 |
Shareholders equity total | 232.53 | 265.01 | 334.05 | 345.39 | 191.41 |
Balance sheet total (assets) | 285.43 | 409.31 | 509.46 | 503.40 | 424.74 |
Net debt | - 172.78 | -43.77 | - 153.15 | - 136.69 | -38.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 57.3 % | 12.0 % | 16.0 % | 4.4 % | -32.6 % |
ROE | 69.3 % | 13.1 % | 23.0 % | 3.3 % | -57.4 % |
ROI | 66.1 % | 16.5 % | 24.0 % | 6.3 % | -54.1 % |
Economic value added (EVA) | 126.59 | 39.18 | 62.22 | 6.05 | - 161.38 |
Solvency | |||||
Equity ratio | 81.5 % | 64.7 % | 65.6 % | 68.6 % | 45.1 % |
Gearing | 3.7 % | 3.4 % | 3.3 % | 6.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.4 | 2.7 | 2.7 | 2.9 | 1.7 |
Current ratio | 5.4 | 2.8 | 2.9 | 3.2 | 1.8 |
Cash and cash equivalents | 181.39 | 43.77 | 164.65 | 148.18 | 49.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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