88x Capital ApS — Credit Rating and Financial Key Figures

CVR number: 38653253
Inge Lehmanns Gade 10, 8000 Aarhus C
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Credit rating

Company information

Official name
88x Capital ApS
Established
2017
Company form
Private limited company
Industry

About 88x Capital ApS

88x Capital ApS (CVR number: 38653253) is a company from AARHUS. The company recorded a gross profit of -206.8 kDKK in 2024. The operating profit was -206.8 kDKK, while net earnings were 104.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 88x Capital ApS's liquidity measured by quick ratio was 21.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.63-10.01-14.41-3 679.42- 206.77
EBIT-4.63-10.01-14.41-3 679.42- 206.77
Net earnings- 271.93-61.85514.5528 101.35104.91
Shareholders equity total- 158.91- 205.76308.7926 510.1425 554.05
Balance sheet total (assets)175.33146.11359.1927 248.0526 275.04
Net debt314.40319.15-39.40-16 562.19-15 579.25
Profitability
EBIT-%
ROA-111.4 %-11.4 %145.3 %203.7 %0.9 %
ROE-188.6 %-38.5 %226.2 %209.6 %0.4 %
ROI-120.5 %-12.4 %160.0 %209.5 %0.9 %
Economic value added (EVA)-10.32-17.82-20.11-3 665.00-1 492.57
Solvency
Equity ratio-47.5 %-58.5 %86.0 %97.3 %97.3 %
Gearing-197.8 %-155.1 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.122.521.7
Current ratio1.122.521.7
Cash and cash equivalents57.0916 562.1915 579.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.90%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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