Gate2Payments ApS — Credit Rating and Financial Key Figures

CVR number: 36953128
Nyvej 17 B, 1851 Frederiksberg C
tn@gate2payments.com
tel: 70707408
gate2payments.com

Company information

Official name
Gate2Payments ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Gate2Payments ApS

Gate2Payments ApS (CVR number: 36953128) is a company from FREDERIKSBERG. The company reported a net sales of 0.2 mDKK in 2023. The operating profit percentage was at 55.1 % (EBIT: 0.1 mDKK), while net earnings were 111.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.6 %, which can be considered excellent and Return on Equity (ROE) was 107.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. Gate2Payments ApS's liquidity measured by quick ratio was 2.3 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
2023
Volume
Net sales214.60
Gross profit808.92741.4546.84473.82214.60
EBIT268.15331.78- 404.76-17.71118.18
Net earnings120.79177.33- 384.031 765.09111.57
Shareholders equity total-1 581.41-1 404.08-1 788.10-23.0288.74
Balance sheet total (assets)1 360.581 178.08849.85118.25155.98
Net debt1 966.461 602.782 020.57-75.47- 105.16
Profitability
EBIT-%55.1 %
ROA9.1 %12.6 %-15.2 %163.3 %80.6 %
ROE9.5 %14.0 %-37.9 %364.6 %107.8 %
ROI9.7 %13.9 %-17.5 %196.9 %163.3 %
Economic value added (EVA)321.56374.20- 212.0088.91124.45
Solvency
Equity ratio82.2 %70.1 %52.0 %-16.3 %56.9 %
Gearing-172.1 %-161.2 %-127.3 %-125.4 %32.8 %
Relative net indebtedness %-31.2 %
Liquidity
Quick ratio5.63.32.10.82.3
Current ratio5.63.32.10.82.3
Cash and cash equivalents754.60661.01256.16104.33134.26
Capital use efficiency
Trade debtors turnover (days)36.9
Net working capital %41.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:80.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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