DECEMBER EIGHT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36446897
Havneholmen 28, 1561 København V

Company information

Official name
DECEMBER EIGHT HOLDING ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 470.37- 197.78- 368.16878.01751.88
Shareholders equity total1 490.321 237.23869.081 728.022 479.90
Balance sheet total (assets)2 810.212 661.442 375.713 084.803 908.47
Net debt1 234.261 146.191 463.671 138.88764.50
Profitability
EBIT-%
ROA-9.1 %-2.6 %43.9 %32.4 %23.2 %
ROE194.7 %-14.5 %-35.0 %67.6 %35.7 %
ROI69.3 %-6.1 %-14.2 %34.0 %23.3 %
Economic value added (EVA)-6.22-12.97-4.9060.51-88.03
Solvency
Equity ratio53.0 %46.5 %36.6 %56.0 %63.4 %
Gearing87.8 %95.3 %170.3 %77.9 %57.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.30.81.11.5
Current ratio1.41.30.81.11.5
Cash and cash equivalents74.6332.3515.96207.12658.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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