AppNexus Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AppNexus Denmark ApS
AppNexus Denmark ApS (CVR number: 37112836) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 15.2 kDKK in 2023. The operating profit was 15.2 kDKK, while net earnings were 9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AppNexus Denmark ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 743.90 | 3 625.44 | |||
Gross profit | 3 899.65 | 3 334.18 | 4 363.07 | 2 157.42 | 15.24 |
EBIT | 224.10 | 170.07 | 158.61 | 273.33 | 15.24 |
Net earnings | 142.42 | 105.32 | 84.64 | 259.45 | 9.04 |
Shareholders equity total | 644.97 | 750.28 | 834.92 | 1 094.37 | 303.42 |
Balance sheet total (assets) | 1 973.01 | 1 525.22 | 2 383.11 | 1 598.13 | 586.44 |
Net debt | -1 390.68 | -1 164.92 | -1 750.49 | - 838.86 | - 210.84 |
Profitability | |||||
EBIT-% | 4.7 % | 4.7 % | |||
ROA | 15.3 % | 9.7 % | 8.1 % | 14.2 % | 2.1 % |
ROE | 24.8 % | 15.1 % | 10.7 % | 26.9 % | 1.3 % |
ROI | 35.8 % | 22.7 % | 18.2 % | 21.8 % | 2.1 % |
Economic value added (EVA) | 165.02 | 165.31 | 127.08 | 351.77 | 24.36 |
Solvency | |||||
Equity ratio | 32.7 % | 49.2 % | 35.0 % | 68.5 % | 51.7 % |
Gearing | 0.5 % | 0.4 % | 19.0 % | 46.0 % | 93.3 % |
Relative net indebtedness % | -1.4 % | -10.8 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 2.0 | 1.5 | 3.2 | 2.1 |
Current ratio | 1.6 | 2.0 | 1.5 | 3.2 | 2.1 |
Cash and cash equivalents | 1 393.80 | 1 167.98 | 1 909.52 | 1 342.61 | 493.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 15.6 % | 20.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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