12March ApS — Credit Rating and Financial Key Figures

CVR number: 40374094
Nørre Farimagsgade 11, 1364 København K
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Company information

Official name
12March ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About 12March ApS

12March ApS (CVR number: 40374094) is a company from KØBENHAVN. The company recorded a gross profit of 631.1 kDKK in 2024. The operating profit was -117.8 kDKK, while net earnings were -112.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.3 %, which can be considered poor and Return on Equity (ROE) was -52.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. 12March ApS's liquidity measured by quick ratio was 4.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit505.82956.161 038.77874.55631.15
EBIT133.37353.57267.06- 312.40- 117.83
Net earnings110.95255.47205.74- 251.93- 112.12
Shareholders equity total91.81347.29553.02301.10127.98
Balance sheet total (assets)412.11618.95934.66569.08161.41
Net debt- 169.50- 551.58- 870.36- 455.28-59.11
Profitability
EBIT-%
ROA27.3 %68.6 %34.4 %-41.5 %-32.3 %
ROE34.8 %116.4 %45.7 %-59.0 %-52.3 %
ROI41.1 %121.1 %56.1 %-68.7 %-51.8 %
Economic value added (EVA)94.93249.71188.84- 280.00- 121.13
Solvency
Equity ratio22.3 %56.1 %59.2 %52.9 %79.3 %
Gearing134.9 %4.0 %3.9 %8.3 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.92.12.42.04.8
Current ratio0.92.12.42.04.8
Cash and cash equivalents293.38565.64892.11480.2260.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-32.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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