18 Sky ApS — Credit Rating and Financial Key Figures

CVR number: 42179736
Vendersgade 20, 7000 Fredericia

Credit rating

Company information

Official name
18 Sky ApS
Personnel
21 persons
Established
2021
Company form
Private limited company
Industry

About 18 Sky ApS

18 Sky ApS (CVR number: 42179736) is a company from FREDERICIA. The company recorded a gross profit of 3087.5 kDKK in 2023. The operating profit was 781.6 kDKK, while net earnings were 578 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.8 %, which can be considered excellent and Return on Equity (ROE) was 102.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. 18 Sky ApS's liquidity measured by quick ratio was 1.2 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
2021
2022
2023
Volume
Net sales
Gross profit1 777.485 379.063 087.49
EBIT- 141.02462.32781.61
Net earnings- 115.76350.31577.97
Shareholders equity total-75.76274.55852.52
Balance sheet total (assets)2 835.352 428.092 332.98
Net debt1 547.73655.58- 308.27
Profitability
EBIT-%
ROA-4.8 %17.3 %32.8 %
ROE-4.1 %22.5 %102.6 %
ROI-6.4 %23.9 %46.1 %
Economic value added (EVA)- 110.00395.61620.75
Solvency
Equity ratio-2.6 %11.3 %36.5 %
Gearing-2916.8 %501.6 %104.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.61.2
Current ratio0.50.61.2
Cash and cash equivalents661.91721.601 197.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:32.8%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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