9PLACE INNOVATION A/S — Credit Rating and Financial Key Figures

CVR number: 27741134
Grønnehavevej 13, 3390 Hundested
9place@gmail.com
tel: 40689160
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Credit rating

Company information

Official name
9PLACE INNOVATION A/S
Established
2004
Company form
Limited company
Industry

About 9PLACE INNOVATION A/S

9PLACE INNOVATION A/S (CVR number: 27741134) is a company from HALSNÆS. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 132.3 % compared to the previous year. The operating profit percentage was at 92 % (EBIT: 0.2 mDKK), while net earnings were 85.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -39.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 9PLACE INNOVATION A/S's liquidity measured by quick ratio was 6.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales90.0086.86201.77
Gross profit-8.0148.1053.66185.64
EBIT-8.0193.6748.10107.32185.64
Net earnings58.4093.67157.19- 242.3685.94
Shareholders equity total-1 607.98-1 514.00-1 334.57-1 497.75-1 327.42
Balance sheet total (assets)1 553.941 641.661 929.761 852.472 042.34
Net debt1 496.061 408.341 120.241 585.521 402.93
Profitability
EBIT-%53.4 %123.6 %92.0 %
ROA9.9 %6.3 %6.6 %-0.2 %5.5 %
ROE3.9 %5.9 %8.8 %-12.8 %4.4 %
ROI3.3 %6.5 %7.0 %-0.2 %5.6 %
Economic value added (EVA)-74.1861.51-36.5121.1293.67
Solvency
Equity ratio-50.9 %-48.0 %-40.9 %-44.7 %-39.4 %
Gearing-189.7 %-201.5 %-228.5 %-222.2 %-250.6 %
Relative net indebtedness %1482.9 %1851.1 %716.8 %
Liquidity
Quick ratio13.915.59.06.26.4
Current ratio13.915.59.06.26.4
Cash and cash equivalents1 553.941 641.661 929.761 742.471 923.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-80.3 %-55.2 %68.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.52%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-39.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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