Fourtyfour Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 42578746
Knud Kristensens Gade 6, Sandager Næs 2300 København S
jnhn0423@gmail.com
tel: 51367218

Credit rating

Company information

Official name
Fourtyfour Technologies ApS
Personnel
1 person
Established
2021
Domicile
Sandager Næs
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Fourtyfour Technologies ApS

Fourtyfour Technologies ApS (CVR number: 42578746) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -71.9 % compared to the previous year. The operating profit percentage was poor at -728.2 % (EBIT: -0 mDKK), while net earnings were -35.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -19.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fourtyfour Technologies ApS's liquidity measured by quick ratio was 15.1 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
2022
2023
Volume
Net sales17.184.83
Gross profit- 578.44-34.97
EBIT- 683.29-35.13
Net earnings- 683.29-35.13
Shareholders equity total266.64100.50
Balance sheet total (assets)273.59107.63
Net debt- 259.55- 100.67
Profitability
EBIT-%-3976.5 %-728.2 %
ROA-249.7 %-18.4 %
ROE-256.3 %-19.1 %
ROI-256.3 %-19.1 %
Economic value added (EVA)- 683.297.22
Solvency
Equity ratio97.5 %93.4 %
Gearing
Relative net indebtedness %-1470.0 %-1938.8 %
Liquidity
Quick ratio39.315.1
Current ratio39.315.1
Cash and cash equivalents259.55100.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1551.8 %2083.0 %
Credit risk
Credit ratingBB

Variable visualization

ROA:-18.4%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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