Netflix Services Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Netflix Services Denmark ApS
Netflix Services Denmark ApS (CVR number: 42412929K) is a company from KØBENHAVN. The company reported a net sales of 51 mDKK in 2023, demonstrating a decline of -9.3 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 3.7 mDKK), while net earnings were 2785 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Netflix Services Denmark ApS's liquidity measured by quick ratio was 3.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3.76 | 56.24 | 50.98 |
Gross profit | 3.76 | 56.24 | 50.98 |
EBIT | 0.24 | 4.24 | 3.73 |
Net earnings | 0.10 | 3.05 | 2.79 |
Shareholders equity total | 20.10 | 23.15 | 25.93 |
Balance sheet total (assets) | 20.76 | 31.90 | 34.71 |
Net debt | -16.37 | -11.07 | -25.97 |
Profitability | |||
EBIT-% | 6.4 % | 7.5 % | 7.3 % |
ROA | 1.2 % | 16.1 % | 11.2 % |
ROE | 0.5 % | 14.1 % | 11.3 % |
ROI | 1.2 % | 19.6 % | 15.2 % |
Economic value added (EVA) | 0.19 | 3.12 | 2.30 |
Solvency | |||
Equity ratio | 96.8 % | 72.6 % | 74.7 % |
Gearing | |||
Relative net indebtedness % | -417.7 % | -4.1 % | -33.7 % |
Liquidity | |||
Quick ratio | 31.2 | 3.6 | 3.9 |
Current ratio | 31.2 | 3.6 | 3.9 |
Cash and cash equivalents | 16.37 | 11.07 | 25.97 |
Capital use efficiency | |||
Trade debtors turnover (days) | 421.7 | 134.8 | 62.2 |
Net working capital % | 533.3 % | 41.0 % | 50.8 % |
Credit risk | |||
Credit rating | BBB | A | A |
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