Happy Greek ApS — Credit Rating and Financial Key Figures

CVR number: 39958929
Skudehavnsvej 35, 9000 Aalborg

Credit rating

Company information

Official name
Happy Greek ApS
Personnel
4 persons
Established
2018
Company form
Private limited company
Industry

About Happy Greek ApS

Happy Greek ApS (CVR number: 39958929) is a company from AALBORG. The company recorded a gross profit of 898.9 kDKK in 2022. The operating profit was 379.6 kDKK, while net earnings were 307.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.2 %, which can be considered excellent and Return on Equity (ROE) was 135.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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 Greek ApS's liquidity measured by quick ratio was 2 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
Volume
Net sales
Gross profit576.56233.14759.53898.91
EBIT54.2316.2532.76379.58
Net earnings41.2311.5319.95307.50
Shareholders equity total41.2352.7672.70380.21
Balance sheet total (assets)276.82209.48403.62743.47
Net debt4.4315.12-98.65- 393.97
Profitability
EBIT-%
ROA19.6 %6.7 %10.7 %66.2 %
ROE100.0 %24.5 %31.8 %135.8 %
ROI31.4 %9.1 %13.8 %80.8 %
Economic value added (EVA)42.2018.7030.71323.13
Solvency
Equity ratio14.9 %25.2 %18.0 %51.1 %
Gearing316.0 %247.0 %297.5 %70.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.22.0
Current ratio1.01.11.22.0
Cash and cash equivalents125.85115.17314.95661.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:66.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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