B88 ApS — Credit Rating and Financial Key Figures

CVR number: 39320339
Amerika Plads 19, 2100 København Ø

Company information

Official name
B88 ApS
Established
2018
Company form
Private limited company
Industry

About B88 ApS

B88 ApS (CVR number: 39320339) is a company from KØBENHAVN. The company recorded a gross profit of -11 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were -411.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B88 ApS's liquidity measured by quick ratio was 82.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.55-15.88-14.38-13.31-11.00
EBIT-8.55-1 692.00-1 690.50-13.31-11.00
Net earnings-8.64- 767.13-1 286.64-0.28- 411.46
Shareholders equity total16.293 249.161 962.521 962.241 550.78
Balance sheet total (assets)16.293 266.401 979.761 980.501 569.75
Net debt-10.97-1 365.21-47.81-30.14-20.19
Profitability
EBIT-%
ROA-41.5 %7.5 %-62.8 %4.2 %5.6 %
ROE-41.9 %-47.0 %-49.4 %-0.0 %-23.4 %
ROI-41.5 %7.6 %-63.2 %4.2 %5.6 %
Economic value added (EVA)-9.81-1 316.05-1 481.87- 108.06- 106.41
Solvency
Equity ratio100.0 %99.5 %99.1 %99.1 %98.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio189.5114.8108.482.8
Current ratio189.5114.8108.482.8
Cash and cash equivalents10.971 365.2147.8130.1420.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:5.55%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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