Happy App Go IVS

IVSDissolvedAdvertising protection

CVR 37900621Duemosepark 77, 3520 FarumComputerprogrammering· NACE 620100Est. 2016 · 10 years old1 employees

Overview

Happy App Go IVS is a Danish IVS based in Farum, operating in the Computerprogrammering sector. Incorporated in 2016, the company has 1 employee and reported a gross profit of DKK 81.7k in its latest annual filing.

Gross profit 2020

81.7K DKK

0% vs 2019

EBITDA margin (of gross profit)

−12.7 %

+87% vs 2019

Net profit 2020

-10.8K DKK

+87% vs 2019

Key ratios

See full ratios →

<−999 %

20172020

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20172020

<−999 %

20172020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	81.7K DKK	0%
EBITDA	-10.4K DKK	+87%
Net profit	-10.8K DKK	+87%
Total assets	0K DKK	-100%
Equity	-312.3K DKK	-4%
Employees	1	—

Contact

Address

Duemosepark 77, 3520 Farum

Advertising protection

Active — opted out of marketing use

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2020), Happy App Go IVS reported a gross profit of DKK 81.7k, broadly in line with the year before. The figures on this page draw on 4 annual filings covering 2017 to 2020. The bottom line showed a net loss of DKK 10.8k, and the EBITDA margin stood at -12.7%.

At the end of 2020, current assets covered short-term debt 0 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018	2017
Gross profit	82	82	-95	-122
Staff expenses	-92	-162	-0	-0
EBITDA	-10	-80	-95	-122
Depreciation & amort.	-0	-0	-0	-0
EBIT	-10	-80	-95	-122
Net financials	-0	-3	-1	-1
Profit before tax	-11	-83	-95	-123
Tax	-0	-0	-0	-0
Net profit	-11	-83	-95	-123

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2020	2019	2018	2017
Total assets	0	13	14	22
Equity	-312	-302	-218	-123
Long-term debt	0	0	0	0
Short-term debt	312	315	232	144
Total debt	312	315	232	144

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-12.7 %

20172020

Equity ratio

<−999 %

20172020

Return on equity

—

20172020

Net profit margin (of gross profit)

-13.2 %

20172020

Asset turnover (of gross profit)

>999×

20172020

Debt / equity

—

20172020

Sector performance

12 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioWeak

Among the 40% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Solidity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 10% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-07-31 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the CVR number of Happy App Go IVS?

Happy App Go IVS is registered with CVR / Virk under CVR 37900621.

What is the gross profit of Happy App Go IVS?

Happy App Go IVS reported a gross profit of DKK 81.7k in 2020.

How many employees does Happy App Go IVS have?

Happy App Go IVS employs 1 people as of the latest annual report.

Where is Happy App Go IVS headquartered?

Happy App Go IVS's registered address is Duemosepark 77.