AREA9 Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 34489343
Galionsvej 37, 1437 København K

Company information

Official name
AREA9 Technologies ApS
Personnel
8 persons
Established
2012
Company form
Private limited company
Industry

About AREA9 Technologies ApS

AREA9 Technologies ApS (CVR number: 34489343) is a company from KØBENHAVN. The company recorded a gross profit of 1694.7 kDKK in 2024. The operating profit was -7711.5 kDKK, while net earnings were -8922.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.2 %, which can be considered poor and Return on Equity (ROE) was -80.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -85.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AREA9 Technologies ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1 267.4853.19-2 003.121 426.851 694.75
EBIT-4 575.64-6 041.92-5 668.18-1 550.83-7 711.53
Net earnings-4 298.07-6 479.24-6 205.43-2 710.28-8 922.57
Shareholders equity total-18 765.34-25 244.58-31 450.06-34 160.34-43 082.91
Balance sheet total (assets)20 362.8216 719.8318 260.3915 017.357 118.64
Net debt35 597.1237 105.5144 562.7645 662.3247 425.68
Profitability
EBIT-%
ROA-12.3 %-14.4 %-11.1 %-2.6 %-15.2 %
ROE-21.4 %-34.9 %-35.5 %-16.3 %-80.6 %
ROI-13.8 %-15.9 %-12.2 %-2.8 %-16.2 %
Economic value added (EVA)-4 326.08-6 895.75-6 271.66-2 281.50-8 292.69
Solvency
Equity ratio-48.0 %-60.2 %-63.4 %-69.5 %-85.8 %
Gearing-190.5 %-147.6 %-146.2 %-133.9 %-110.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.10.1
Current ratio0.20.20.20.10.1
Cash and cash equivalents159.79148.631 428.0863.3919.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-15.2%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-85.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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