CommuteApp ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CommuteApp ApS
CommuteApp ApS (CVR number: 40118233) is a company from VIBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -15 % compared to the previous year. The operating profit percentage was poor at -1181.1 % (EBIT: -2.7 mDKK), while net earnings were -2781.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.9 %, which can be considered poor and Return on Equity (ROE) was -83.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. CommuteApp ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 446.99 | 455.93 | 269.36 | 229.07 | |
Gross profit | - 119.60 | 1 578.36 | 847.09 | 649.45 | 74.01 |
EBIT | -1 491.12 | - 461.49 | -1 532.99 | -2 526.23 | -2 705.65 |
Net earnings | -1 255.34 | - 256.85 | -1 184.36 | -2 612.74 | -2 781.77 |
Shareholders equity total | -1 059.40 | 603.75 | 5 119.39 | 3 556.65 | 3 074.88 |
Balance sheet total (assets) | 1 940.57 | 3 685.36 | 8 741.54 | 7 366.99 | 6 815.31 |
Net debt | 2 659.86 | 2 619.34 | 155.04 | 2 913.69 | 2 809.34 |
Profitability | |||||
EBIT-% | -103.2 % | -336.2 % | -937.9 % | -1181.1 % | |
ROA | -67.6 % | -13.8 % | -25.1 % | -31.1 % | -34.9 % |
ROE | -117.5 % | -20.2 % | -41.4 % | -60.2 % | -83.9 % |
ROI | -80.9 % | -15.5 % | -26.8 % | -32.7 % | -37.7 % |
Economic value added (EVA) | -1 212.44 | - 408.08 | -1 205.99 | -2 789.64 | -3 028.08 |
Solvency | |||||
Equity ratio | -35.3 % | 16.4 % | 58.6 % | 48.3 % | 45.1 % |
Gearing | -251.1 % | 442.4 % | 63.4 % | 95.2 % | 100.1 % |
Relative net indebtedness % | 677.8 % | 116.9 % | 1239.6 % | 1515.5 % | |
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 1.7 | 0.7 | 0.6 |
Current ratio | 0.3 | 0.4 | 1.7 | 0.7 | 0.6 |
Cash and cash equivalents | 51.75 | 3 089.30 | 471.33 | 268.86 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.9 | 3.6 | |||
Net working capital % | -284.6 % | 391.3 % | -403.3 % | -709.1 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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