Eighty9 ApS — Credit Rating and Financial Key Figures

CVR number: 37264814
Thyregodsvej 14, 2500 Valby
hello@eighty9.dk
tel: 31107105
https://eighty9.dk

Credit rating

Company information

Official name
Eighty9 ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Eighty9 ApS

Eighty9 ApS (CVR number: 37264814) is a company from KØBENHAVN. The company recorded a gross profit of 1024.6 kDKK in 2023. The operating profit was 382.5 kDKK, while net earnings were 295.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.4 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. Eighty9 ApS's liquidity measured by quick ratio was 3 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
20192020202120222023
Volume
Net sales
Gross profit753.761 134.60638.45972.181 024.63
EBIT164.75553.00-11.83342.44382.50
Net earnings119.67430.31-12.35263.49295.77
Shareholders equity total489.55615.25489.91639.00816.97
Balance sheet total (assets)762.781 309.64699.44877.021 221.81
Net debt- 701.88- 513.21- 487.45- 333.20- 850.01
Profitability
EBIT-%
ROA25.1 %53.4 %-1.2 %43.4 %36.4 %
ROE27.9 %77.9 %-2.2 %46.7 %40.6 %
ROI38.0 %80.6 %-1.7 %59.1 %52.5 %
Economic value added (EVA)123.70443.660.30267.49282.03
Solvency
Equity ratio64.2 %47.0 %70.0 %72.9 %66.9 %
Gearing1.3 %42.5 %5.9 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.93.33.73.0
Current ratio2.71.93.33.73.0
Cash and cash equivalents708.45774.86516.57333.20850.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:36.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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