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 -8.1 kDKK in 2023. The operating profit was -169.7 kDKK, while net earnings were 751.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.87 | -23.45 | -15.99 | -4.47 | -8.14 |
EBIT | -14.87 | -23.45 | -15.99 | -4.47 | - 169.74 |
Net earnings | 1 470.37 | - 197.78 | - 368.16 | 878.01 | 751.88 |
Shareholders equity total | 1 490.32 | 1 237.23 | 869.08 | 1 728.02 | 2 479.90 |
Balance sheet total (assets) | 2 810.21 | 2 661.44 | 2 375.71 | 3 084.80 | 3 908.47 |
Net debt | 1 234.26 | 1 146.19 | 1 463.67 | 1 138.88 | 764.50 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.1 % | -2.6 % | 43.9 % | 32.4 % | 23.2 % |
ROE | 194.7 % | -14.5 % | -35.0 % | 67.6 % | 35.7 % |
ROI | 69.3 % | -6.1 % | -14.2 % | 34.0 % | 23.3 % |
Economic value added (EVA) | -6.22 | -12.97 | -4.90 | 60.51 | -88.03 |
Solvency | |||||
Equity ratio | 53.0 % | 46.5 % | 36.6 % | 56.0 % | 63.4 % |
Gearing | 87.8 % | 95.3 % | 170.3 % | 77.9 % | 57.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 0.8 | 1.1 | 1.5 |
Current ratio | 1.4 | 1.3 | 0.8 | 1.1 | 1.5 |
Cash and cash equivalents | 74.63 | 32.35 | 15.96 | 207.12 | 658.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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