Commerce Nine ApS — Credit Rating and Financial Key Figures

CVR number: 40975446
Mindegade 22, 7100 Vejle
fadl-345@hotmail.com
tel: 25455858

Company information

Official name
Commerce Nine ApS
Personnel
5 persons
Established
2019
Company form
Private limited company
Industry

About Commerce Nine ApS

Commerce Nine ApS (CVR number: 40975446) is a company from VEJLE. The company reported a net sales of 1.6 mDKK in 2021, demonstrating a growth of 122.8 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 0.1 mDKK), while net earnings were 67.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.6 %, which can be considered excellent and Return on Equity (ROE) was 184.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Commerce Nine ApS's liquidity measured by quick ratio was 2.7 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
2020
2021
Volume
Net sales703.551 567.38
Gross profit-40.87190.85
EBIT-46.8774.23
Net earnings-37.1767.34
Shareholders equity total2.8370.17
Balance sheet total (assets)99.92187.96
Net debt60.874.64
Profitability
EBIT-%-6.7 %4.7 %
ROA-46.9 %51.6 %
ROE-1311.4 %184.5 %
ROI-25.2 %36.5 %
Economic value added (EVA)-36.9969.32
Solvency
Equity ratio2.8 %37.3 %
Gearing3236.3 %106.9 %
Relative net indebtedness %9.4 %3.0 %
Liquidity
Quick ratio7.72.7
Current ratio14.14.0
Cash and cash equivalents30.8570.36
Capital use efficiency
Trade debtors turnover (days)10.0
Net working capital %10.0 %8.1 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:51.6%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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