Gate2Payments ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 214.60 | ||||
Gross profit | 808.92 | 741.45 | 46.84 | 473.82 | 214.60 |
EBIT | 268.15 | 331.78 | - 404.76 | -17.71 | 118.18 |
Net earnings | 120.79 | 177.33 | - 384.03 | 1 765.09 | 111.57 |
Shareholders equity total | -1 581.41 | -1 404.08 | -1 788.10 | -23.02 | 88.74 |
Balance sheet total (assets) | 1 360.58 | 1 178.08 | 849.85 | 118.25 | 155.98 |
Net debt | 1 966.46 | 1 602.78 | 2 020.57 | -75.47 | - 105.16 |
Profitability | |||||
EBIT-% | 55.1 % | ||||
ROA | 9.1 % | 12.6 % | -15.2 % | 163.3 % | 80.6 % |
ROE | 9.5 % | 14.0 % | -37.9 % | 364.6 % | 107.8 % |
ROI | 9.7 % | 13.9 % | -17.5 % | 196.9 % | 163.3 % |
Economic value added (EVA) | 321.56 | 374.20 | - 212.00 | 88.91 | 124.45 |
Solvency | |||||
Equity ratio | 82.2 % | 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 ratio | 5.6 | 3.3 | 2.1 | 0.8 | 2.3 |
Current ratio | 5.6 | 3.3 | 2.1 | 0.8 | 2.3 |
Cash and cash equivalents | 754.60 | 661.01 | 256.16 | 104.33 | 134.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.9 | ||||
Net working capital % | 41.4 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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