Happy 42 ApS — Credit Rating and Financial Key Figures

CVR number: 36397462
Bøgedalsvej 5, 8680 Ry
lasse@happy42.dk
tel: 26544153

Company information

Official name
Happy 42 ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About Happy 42 ApS

Happy 42 ApS (CVR number: 36397462) is a company from SKANDERBORG. The company recorded a gross profit of 4201.1 kDKK in 2023. The operating profit was 2425 kDKK, while net earnings were 1878.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.3 %, which can be considered excellent and Return on Equity (ROE) was 65.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Happy 42 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit4 228.404 079.424 214.016 341.004 201.07
EBIT3 093.402 893.043 009.274 808.862 424.98
Net earnings2 388.412 274.912 300.773 695.331 878.62
Shareholders equity total2 462.692 347.592 378.363 773.681 952.30
Balance sheet total (assets)3 789.825 482.313 593.327 586.376 307.84
Net debt-1 396.92-2 251.60-1 351.48-2 658.32-2 026.05
Profitability
EBIT-%
ROA100.9 %62.5 %66.3 %86.0 %35.3 %
ROE112.7 %94.6 %97.4 %120.1 %65.6 %
ROI145.6 %120.5 %127.3 %156.3 %85.7 %
Economic value added (EVA)2 377.102 238.942 334.153 693.951 826.60
Solvency
Equity ratio65.0 %42.8 %66.2 %49.7 %31.0 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.81.72.92.01.4
Current ratio2.81.72.92.01.4
Cash and cash equivalents1 396.922 252.021 351.482 658.322 026.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:35.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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