88 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 43704206
Persiensvej 8, 2300 København S

Credit rating

Company information

Official name
88 Holding ApS
Established
2022
Company form
Private limited company
Industry

About 88 Holding ApS

88 Holding ApS (CVR number: 43704206) is a company from KØBENHAVN. The company recorded a gross profit of -4.8 kDKK in 2024. The operating profit was -4.8 kDKK, while net earnings were 1269.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 88 Holding ApS's liquidity measured by quick ratio was 35.2 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
2023
2024
Volume
Net sales
Gross profit-5.63-4.80
EBIT-5.63-4.80
Net earnings2 536.781 269.24
Shareholders equity total2 576.783 696.02
Balance sheet total (assets)2 582.413 785.69
Net debt- 920.37-2 318.63
Profitability
EBIT-%
ROA98.2 %39.8 %
ROE98.4 %40.5 %
ROI98.4 %39.9 %
Economic value added (EVA)-4.39- 134.29
Solvency
Equity ratio99.8 %97.6 %
Gearing2.3 %
Relative net indebtedness %
Liquidity
Quick ratio439.435.2
Current ratio439.435.2
Cash and cash equivalents920.372 402.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:39.8%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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