DECEMBER EIGHT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DECEMBER EIGHT HOLDING ApS
DECEMBER EIGHT HOLDING ApS (CVR number: 36446897) is a company from KØBENHAVN. The company recorded a gross profit of -8.6 kDKK in 2024. The operating profit was -8.6 kDKK, while net earnings were 1233 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. DECEMBER EIGHT HOLDING ApS'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 | -23.45 | -15.99 | -4.47 | -8.14 | -8.59 |
| EBIT | -23.45 | -15.99 | -4.47 | - 169.74 | -8.59 |
| Net earnings | - 197.78 | - 368.16 | 878.01 | 751.88 | 1 232.97 |
| Shareholders equity total | 1 237.23 | 869.08 | 1 728.02 | 2 479.90 | 2 852.87 |
| Balance sheet total (assets) | 2 661.44 | 2 375.71 | 3 084.80 | 3 908.47 | 4 104.04 |
| Net debt | 1 146.19 | 1 463.67 | 1 138.88 | 764.50 | 900.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.6 % | 43.9 % | 32.4 % | 23.2 % | 32.2 % |
| ROE | -14.5 % | -35.0 % | 67.6 % | 35.7 % | 46.2 % |
| ROI | -6.1 % | -14.2 % | 34.0 % | 23.3 % | 32.3 % |
| Economic value added (EVA) | - 164.11 | - 136.72 | - 122.50 | - 324.26 | - 204.72 |
| Solvency | |||||
| Equity ratio | 46.5 % | 36.6 % | 56.0 % | 63.4 % | 69.5 % |
| Gearing | 95.3 % | 170.3 % | 77.9 % | 57.4 % | 43.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 0.8 | 1.1 | 1.5 | 1.6 |
| Current ratio | 1.3 | 0.8 | 1.1 | 1.5 | 1.6 |
| Cash and cash equivalents | 32.35 | 15.96 | 207.12 | 658.48 | 345.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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