Happy Work ApS
Credit rating
Company information
About Happy Work ApS
Happy Work ApS (CVR number: 39091917) is a company from VEJLE. The company recorded a gross profit of -89.4 kDKK in 2018. The operating profit was -97.1 kDKK, while net earnings were 155.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77 %, which can be considered excellent and Return on Equity (ROE) was 117.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Happy Work 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 financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 4.73 | -89.39 |
EBIT | 3.45 | -97.09 |
Net earnings | 4.85 | 155.17 |
Shareholders equity total | 54.85 | 210.02 |
Balance sheet total (assets) | 138.57 | 409.58 |
Net debt | -50.00 | - 207.53 |
Profitability | ||
EBIT-% | ||
ROA | 4.5 % | 77.0 % |
ROE | 8.8 % | 117.2 % |
ROI | 11.1 % | 158.7 % |
Economic value added (EVA) | 3.45 | - 136.50 |
Solvency | ||
Equity ratio | 39.6 % | 51.3 % |
Gearing | ||
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.6 | 1.6 |
Current ratio | 0.6 | 1.6 |
Cash and cash equivalents | 50.00 | 207.53 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | B |
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