Next11 Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 39290782
Blegdamsvej 6, 2200 København N
nikolaj@next11.com
tel: 26182270
www.next11.com

Credit rating

Company information

Official name
Next11 Technologies ApS
Personnel
14 persons
Established
2018
Company form
Private limited company
Industry

About Next11 Technologies ApS

Next11 Technologies ApS (CVR number: 39290782) is a company from KØBENHAVN. The company recorded a gross profit of -2420.3 kDKK in 2024. The operating profit was -9043.9 kDKK, while net earnings were -7507.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.8 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, 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. Next11 Technologies ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 934.37-1 394.48-1 647.96-1 487.62-2 420.32
EBIT- 939.75-1 401.74-4 501.37-6 818.28-9 043.89
Net earnings- 275.09-1 019.86-3 389.19-5 710.51-7 507.82
Shareholders equity total11 604.3210 584.4715 490.5719 460.4417 349.35
Balance sheet total (assets)23 708.5822 862.8227 247.5631 527.4829 111.23
Net debt-2 354.104 162.164 455.773 402.447 620.26
Profitability
EBIT-%
ROA-6.3 %-6.0 %-17.9 %-23.2 %-29.8 %
ROE-4.1 %-9.2 %-26.0 %-32.7 %-40.8 %
ROI-8.6 %-7.3 %-20.7 %-26.0 %-33.4 %
Economic value added (EVA)- 790.57-1 780.19-4 110.46-6 422.08-8 369.94
Solvency
Equity ratio48.9 %46.3 %56.9 %61.7 %59.6 %
Gearing52.3 %60.4 %43.3 %37.6 %45.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.11.51.90.6
Current ratio2.51.11.52.10.7
Cash and cash equivalents8 425.582 229.322 244.203 908.73208.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-29.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member

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