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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  15.7% 22.2% 18.6% 10.8% 4.9%  
Credit score (0-100)  13 4 7 22 44  
Credit rating  BB B B BB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 -0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  588 1,915 0 0 0  
Gross profit  588 1,915 254 275 1,134  
EBITDA  -47.4 181 -150 -20.1 939  
EBIT  -47.4 181 -180 -67.2 869  
Pre-tax profit (PTP)  -48.6 179.1 -182.8 -70.2 859.5  
Net earnings  -48.6 152.8 -182.8 -14.5 668.6  
Pre-tax profit without non-rec. items  -48.6 179 -183 -70.2 860  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 0.0 0.0 0.0  
Shareholders equity total  -57.6 95.1 -49.7 -64.2 604  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  40.1 524 872 1,012 1,356  

Net Debt  -40.1 -135 -144 -20.8 -182  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  588 1,915 0 0 0  
Net sales growth  287.8% 225.5% -100.0% 0.0% 0.0%  
Gross profit  588 1,915 254 275 1,134  
Gross profit growth  287.8% 225.5% -86.7% 8.2% 312.9%  
Employees  0 0 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  40 524 872 1,012 1,356  
Balance sheet change%  300.7% 1,206.3% 66.4% 16.0% 34.0%  
Added value  -47.4 181.3 -150.3 -37.8 938.9  
Added value %  -8.1% 9.5% 0.0% 0.0% 0.0%  
Investments  0 192 79 259 -35  

Net sales trend  1.0 2.0 -1.0 0.0 0.0  
EBIT trend  -2.0 1.0 -1.0 -2.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  -8.1% 9.5% 0.0% 0.0% 0.0%  
EBIT %  -8.1% 9.5% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -8.1% 9.5% -70.8% -24.5% 76.6%  
Net Earnings %  -8.3% 8.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  -8.3% 8.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  -8.3% 9.3% 0.0% 0.0% 0.0%  
ROA %  -81.2% 58.4% -24.8% -6.8% 71.4%  
ROI %  0.0% 381.8% -377.8% 0.0% 278.0%  
ROE %  -193.7% 225.9% -37.8% -1.5% 82.7%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -58.9% 18.1% -5.4% -6.0% 44.6%  
Relative indebtedness %  16.6% 22.4% 0.0% 0.0% 0.0%  
Relative net indebtedness %  9.8% 15.4% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  84.6% -74.5% 95.6% 103.7% -19.4%  
Gearing %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.4 0.8 0.6 0.4 1.0  
Current Ratio  0.4 0.8 0.6 0.4 1.0  
Cash and cash equivalent  40.1 135.1 143.7 20.8 182.0  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 37.7 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  6.8% 17.4% 0.0% 0.0% 0.0%  
Net working capital  -57.6 -96.5 -349.8 -670.5 -16.4  
Net working capital %  -9.8% -5.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 -150 -38 939  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 -150 -20 939  
EBIT / employee  0 0 -180 -67 869  
Net earnings / employee  0 0 -183 -15 669