Appo ApS — Credit Rating and Financial Key Figures

CVR number: 38435698
Ridefogedvej 1, 9000 Aalborg
cf@appo.dk
tel: 40120000
www.appo.dk

Credit rating

Company information

Official name
Appo ApS
Established
2017
Company form
Private limited company
Industry

About Appo ApS

Appo ApS (CVR number: 38435698) is a company from AALBORG. The company recorded a gross profit of -9.2 kDKK in 2024. The operating profit was -9.2 kDKK, while net earnings were 673.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 88 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Appo ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.31-16.12-10.16-7.06-9.22
EBIT-10.31-16.12-10.16-7.06-9.22
Net earnings- 994.20711.15- 934.05-1 249.58673.58
Shareholders equity total-1 122.57- 411.421 526.65428.651 102.24
Balance sheet total (assets)2 691.963 634.405 142.264 223.235 183.04
Net debt2 198.692 321.082 086.092 166.242 325.62
Profitability
EBIT-%
ROA-25.6 %21.2 %-17.7 %-22.9 %18.8 %
ROE-35.3 %22.5 %-36.2 %-127.8 %88.0 %
ROI-25.6 %21.3 %-21.2 %-34.4 %29.2 %
Economic value added (EVA)-77.42-71.99- 104.89- 188.05- 138.59
Solvency
Equity ratio-29.4 %-10.2 %29.7 %10.1 %21.3 %
Gearing-195.9 %-569.0 %138.0 %510.0 %212.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.10.1
Current ratio0.00.00.10.10.1
Cash and cash equivalents20.0020.0020.0020.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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