8.8 HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27593496
Christianshavns Kanal 4, 1406 København K

Credit rating

Company information

Official name
8.8 HOLDING A/S
Personnel
1 person
Established
2004
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About 8.8 HOLDING A/S

8.8 HOLDING A/S (CVR number: 27593496) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -31.5 kDKK, while net earnings were 2453.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 8.8 HOLDING A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 447.00
Gross profit1 447.001 282.751 348.70
EBIT-74.00-13.4910.19-43.63-31.54
Net earnings2 785.0017 493.1019 003.271 811.892 453.76
Shareholders equity total21 039.0038 453.0145 548.1245 396.4846 862.33
Balance sheet total (assets)54 344.0061 967.3545 801.2246 930.5550 593.30
Net debt21 387.0022 556.15- 206.751 500.373 656.95
Profitability
EBIT-%-5.1 %
ROA8.0 %31.4 %35.4 %4.0 %5.3 %
ROE14.2 %58.8 %45.2 %4.0 %5.3 %
ROI8.2 %31.8 %35.8 %4.0 %5.3 %
Economic value added (EVA)1 328.901 519.152 206.40- 162.54- 147.24
Solvency
Equity ratio38.7 %62.1 %99.4 %96.7 %92.6 %
Gearing101.7 %58.7 %3.3 %7.8 %
Relative net indebtedness %2301.6 %
Liquidity
Quick ratio0.00.03.51.31.1
Current ratio0.00.03.51.31.1
Cash and cash equivalents1.000.27206.752.5116.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1110.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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