12March ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 12March ApS
12March ApS (CVR number: 40374094) is a company from KØBENHAVN. The company recorded a gross profit of 874.6 kDKK in 2023. The operating profit was -312.4 kDKK, while net earnings were -251.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.5 %, which can be considered poor and Return on Equity (ROE) was -59 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.9 %, 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. 12March ApS's liquidity measured by quick ratio was 2 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 | |||||
Gross profit | 443.09 | 505.82 | 956.16 | 1 038.77 | 874.56 |
EBIT | -69.24 | 133.37 | 353.57 | 267.06 | - 312.39 |
Net earnings | -69.14 | 110.95 | 255.47 | 205.74 | - 251.93 |
Shareholders equity total | -19.14 | 91.81 | 347.29 | 553.02 | 301.10 |
Balance sheet total (assets) | 545.87 | 412.11 | 618.95 | 934.66 | 569.08 |
Net debt | 91.15 | - 169.50 | - 551.58 | - 870.36 | - 455.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.3 % | 27.3 % | 68.6 % | 34.4 % | -41.5 % |
ROE | -12.7 % | 34.8 % | 116.4 % | 45.7 % | -59.0 % |
ROI | -16.0 % | 41.1 % | 121.1 % | 56.1 % | -68.7 % |
Economic value added (EVA) | -59.73 | 133.86 | 270.67 | 218.32 | - 233.62 |
Solvency | |||||
Equity ratio | -3.4 % | 22.3 % | 56.1 % | 59.2 % | 52.9 % |
Gearing | -2262.5 % | 134.9 % | 4.0 % | 3.9 % | 8.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 2.1 | 2.4 | 2.0 |
Current ratio | 0.7 | 0.9 | 2.1 | 2.4 | 2.0 |
Cash and cash equivalents | 341.85 | 293.38 | 565.64 | 892.11 | 480.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
Variable visualization
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