NETWORK1 ApS — Credit Rating and Financial Key Figures

CVR number: 26556538
Høgevænget 6, 4040 Jyllinge
aan@network1.dk

Credit rating

Company information

Official name
NETWORK1 ApS
Established
2002
Company form
Private limited company
Industry

About NETWORK1 ApS

NETWORK1 ApS (CVR number: 26556538) is a company from ROSKILDE. The company recorded a gross profit of -36.3 kDKK in 2023. The operating profit was -36.3 kDKK, while net earnings were -2006.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -59 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NETWORK1 ApS's liquidity measured by quick ratio was 3.7 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 sales
Gross profit-76.76-60.98-58.1734.10-36.35
EBIT- 204.79- 189.01- 186.20-6.39-36.35
Net earnings1 207.494 636.30-5 379.85-1 019.86-2 006.58
Shareholders equity total7 260.3411 296.655 536.804 402.532 395.96
Balance sheet total (assets)7 795.7013 012.516 836.075 284.863 146.41
Net debt-6 685.18-12 061.68-4 308.95-3 408.19-1 830.03
Profitability
EBIT-%
ROA25.6 %57.8 %-1.2 %8.5 %-9.1 %
ROE21.2 %50.0 %-63.9 %-20.5 %-59.0 %
ROI26.8 %64.4 %-1.4 %9.5 %-9.1 %
Economic value added (EVA)- 194.82- 158.23-87.97-47.38-23.70
Solvency
Equity ratio93.1 %86.8 %81.0 %83.3 %76.1 %
Gearing0.1 %0.0 %0.2 %20.0 %31.3 %
Relative net indebtedness %
Liquidity
Quick ratio51.936.04.65.23.7
Current ratio51.936.04.65.23.7
Cash and cash equivalents6 688.8312 065.344 320.194 290.252 580.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-9.10%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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