8.8 HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024. The operating profit was 26.4 kDKK, while net earnings were 5397 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.2 %, 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 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 282.75 | 1 348.70 | |||
EBIT | -13.49 | 10.19 | -43.63 | -31.54 | 26.36 |
Net earnings | 17 493.10 | 19 003.27 | 1 811.89 | 2 453.76 | 5 397.02 |
Shareholders equity total | 38 453.01 | 45 548.12 | 45 396.48 | 46 862.33 | 52 258.89 |
Balance sheet total (assets) | 61 967.35 | 45 801.22 | 46 930.55 | 50 593.30 | 56 674.13 |
Net debt | 22 556.15 | - 206.75 | 1 500.37 | 3 656.95 | 4 393.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.4 % | 35.4 % | 4.0 % | 5.3 % | 10.1 % |
ROE | 58.8 % | 45.2 % | 4.0 % | 5.3 % | 10.9 % |
ROI | 31.8 % | 35.8 % | 4.0 % | 5.3 % | 10.1 % |
Economic value added (EVA) | -2 142.57 | -3 057.71 | -2 333.83 | -2 381.30 | -2 518.86 |
Solvency | |||||
Equity ratio | 62.1 % | 99.4 % | 96.7 % | 92.6 % | 92.2 % |
Gearing | 58.7 % | 3.3 % | 7.8 % | 8.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 3.5 | 1.3 | 1.1 | 1.6 |
Current ratio | 0.0 | 3.5 | 1.3 | 1.1 | 1.6 |
Cash and cash equivalents | 0.27 | 206.75 | 2.51 | 16.62 | 21.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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