APPLICITY SYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 33859112
Sophus Schandorphs Vej 5, 2800 Kgs. Lyngby
info@applicity.net
tel: 31574646

Company information

Official name
APPLICITY SYSTEMS ApS
Established
2011
Company form
Private limited company
Industry

About APPLICITY SYSTEMS ApS

APPLICITY SYSTEMS ApS (CVR number: 33859112) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 0.7 kDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0.7 kDKK, while net earnings were 0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. APPLICITY SYSTEMS ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales9.359.909.9912.24
Gross profit5.349.299.14-1.020.74
EBIT1.293.168.81-1.020.74
Net earnings-12.07-5.200.56-1.000.74
Shareholders equity total49.1543.9544.5143.5144.25
Balance sheet total (assets)56.2054.1655.3254.7055.16
Net debt-3.17-0.97-2.15-1.33-2.47
Profitability
EBIT-%13.8 %31.9 %88.2 %-8.3 %
ROA2.1 %5.7 %16.1 %-1.8 %1.3 %
ROE-21.9 %-11.2 %1.3 %-2.3 %1.7 %
ROI2.3 %6.8 %19.9 %-2.3 %1.7 %
Economic value added (EVA)-1.790.696.61-3.25-1.45
Solvency
Equity ratio87.5 %81.1 %80.5 %79.5 %80.2 %
Gearing
Relative net indebtedness %41.5 %93.4 %86.6 %80.6 %
Liquidity
Quick ratio0.60.20.30.20.3
Current ratio0.60.20.30.20.3
Cash and cash equivalents3.170.972.151.332.47
Capital use efficiency
Trade debtors turnover (days)13.2
Net working capital %-30.5 %-81.3 %-75.0 %-69.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.35%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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