AREA9 LABS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AREA9 LABS ApS
AREA9 LABS ApS (CVR number: 25167406) is a company from KØBENHAVN. The company recorded a gross profit of 761.8 kDKK in 2024. The operating profit was 761.8 kDKK, while net earnings were -2117.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -67.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AREA9 LABS ApS's liquidity measured by quick ratio was 57.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.57 | 58.69 | -53.35 | -25.54 | 761.75 |
EBIT | -26.41 | 54.93 | -53.35 | -25.54 | 761.75 |
Net earnings | 684.18 | -1 617.41 | -3 104.02 | - 256.78 | -2 117.12 |
Shareholders equity total | -73 298.01 | -74 915.42 | -78 019.44 | -78 276.22 | -80 393.34 |
Balance sheet total (assets) | 31 838.07 | 32 985.83 | 34 542.03 | 36 409.02 | 39 158.27 |
Net debt | 102 593.69 | 104 794.23 | 111 425.49 | 114 099.09 | 118 377.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 1.1 % | 0.9 % | 2.5 % | 2.1 % |
ROE | 2.2 % | -5.0 % | -9.2 % | -0.7 % | -5.6 % |
ROI | 3.5 % | 1.1 % | 0.9 % | 2.5 % | 2.1 % |
Economic value added (EVA) | -1 611.86 | -1 539.70 | -1 685.43 | -1 734.31 | -1 039.73 |
Solvency | |||||
Equity ratio | -69.7 % | -69.4 % | -69.3 % | -68.3 % | -67.2 % |
Gearing | -143.3 % | -143.4 % | -143.6 % | -145.8 % | -148.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 202.9 | 49.1 | 48.0 | 52.3 | 57.2 |
Current ratio | 251.9 | 61.4 | 60.0 | 63.5 | 65.4 |
Cash and cash equivalents | 2 438.23 | 2 600.42 | 599.40 | 27.58 | 589.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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