HAPPY APP ApS — Credit Rating and Financial Key Figures

CVR number: 35225927
Stengårds Alle 9, 2800 Kongens Lyngby

Company information

Official name
HAPPY APP ApS
Established
2013
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit125.74285.03331.15146.2145.23
EBIT125.7441.7573.3322.27- 151.47
Net earnings125.7432.4869.0411.34- 153.99
Shareholders equity total232.53265.01334.05345.39191.41
Balance sheet total (assets)285.43409.31509.46503.40424.74
Net debt- 172.78-43.77- 153.15- 136.69-38.07
Profitability
EBIT-%
ROA57.3 %12.0 %16.0 %4.4 %-32.6 %
ROE69.3 %13.1 %23.0 %3.3 %-57.4 %
ROI66.1 %16.5 %24.0 %6.3 %-54.1 %
Economic value added (EVA)126.5939.1862.226.05- 161.38
Solvency
Equity ratio81.5 %64.7 %65.6 %68.6 %45.1 %
Gearing3.7 %3.4 %3.3 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.42.72.72.91.7
Current ratio5.42.82.93.21.8
Cash and cash equivalents181.3943.77164.65148.1849.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-32.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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