The Network ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About The Network ApS
The Network ApS (CVR number: 41404779) is a company from KØBENHAVN. The company recorded a gross profit of 566.8 kDKK in 2024. The operating profit was -303.2 kDKK, while net earnings were -257.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -54 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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. The Network ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 33.02 | 1 417.38 | 1 015.13 | 880.56 | 566.82 |
EBIT | 33.02 | 1 065.40 | -76.27 | 66.53 | - 303.23 |
Net earnings | 25.24 | 818.67 | -67.10 | 49.84 | - 257.39 |
Shareholders equity total | 65.24 | 883.91 | 816.82 | 605.75 | 348.37 |
Balance sheet total (assets) | 86.20 | 1 353.41 | 1 550.54 | 1 330.59 | 1 219.57 |
Net debt | 3.95 | - 103.18 | - 239.46 | -26.62 | - 585.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.3 % | 148.2 % | -3.8 % | 6.8 % | -23.4 % |
ROE | 38.7 % | 172.5 % | -7.9 % | 7.0 % | -54.0 % |
ROI | 47.7 % | 222.9 % | -6.4 % | 13.5 % | -59.7 % |
Economic value added (EVA) | 25.25 | 817.34 | - 121.40 | 1.88 | - 280.08 |
Solvency | |||||
Equity ratio | 75.7 % | 65.3 % | 52.7 % | 45.5 % | 28.6 % |
Gearing | 6.1 % | 0.5 % | 2.8 % | 7.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 2.9 | 2.1 | 1.8 | 1.3 |
Current ratio | 4.1 | 2.9 | 2.1 | 1.8 | 1.3 |
Cash and cash equivalents | 107.42 | 262.13 | 26.62 | 610.54 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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