APPSIN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About APPSIN HOLDING ApS
APPSIN HOLDING ApS (CVR number: 32778739) is a company from AARHUS. The company recorded a gross profit of -4.7 kDKK in 2024. The operating profit was -4.7 kDKK, while net earnings were 95 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.5 %, which can be considered excellent and Return on Equity (ROE) was 45.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. APPSIN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.50 | -2.50 | -3.52 | -4.30 | -4.69 |
EBIT | -2.50 | -2.50 | -3.52 | -4.30 | -4.69 |
Net earnings | 89.69 | 72.19 | 67.68 | 96.39 | 94.98 |
Shareholders equity total | 322.77 | 284.36 | 239.04 | 221.02 | 198.20 |
Balance sheet total (assets) | 328.62 | 290.94 | 245.89 | 246.89 | 256.15 |
Net debt | -32.59 | -32.90 | -29.24 | -7.78 | 8.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.9 % | 23.6 % | 25.4 % | 39.4 % | 38.5 % |
ROE | 27.0 % | 23.8 % | 25.9 % | 41.9 % | 45.3 % |
ROI | 27.5 % | 24.1 % | 26.0 % | 40.7 % | 40.1 % |
Economic value added (EVA) | -18.73 | -13.67 | -6.31 | -2.52 | -1.73 |
Solvency | |||||
Equity ratio | 98.2 % | 97.7 % | 97.2 % | 89.5 % | 77.4 % |
Gearing | 7.8 % | 23.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 44.6 | 23.3 | 6.0 | 1.0 | 0.8 |
Current ratio | 44.6 | 23.3 | 6.0 | 1.0 | 0.8 |
Cash and cash equivalents | 32.59 | 32.90 | 29.24 | 24.94 | 37.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
Variable visualization
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