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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 505.82 | 956.16 | 1 038.77 | 874.55 | 631.15 |
EBIT | 133.37 | 353.57 | 267.06 | - 312.40 | - 117.83 |
Net earnings | 110.95 | 255.47 | 205.74 | - 251.93 | - 112.12 |
Shareholders equity total | 91.81 | 347.29 | 553.02 | 301.10 | 127.98 |
Balance sheet total (assets) | 412.11 | 618.95 | 934.66 | 569.08 | 161.41 |
Net debt | - 169.50 | - 551.58 | - 870.36 | - 455.28 | -59.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.3 % | 68.6 % | 34.4 % | -41.5 % | -32.3 % |
ROE | 34.8 % | 116.4 % | 45.7 % | -59.0 % | -52.3 % |
ROI | 41.1 % | 121.1 % | 56.1 % | -68.7 % | -51.8 % |
Economic value added (EVA) | 94.93 | 249.71 | 188.84 | - 280.00 | - 121.13 |
Solvency | |||||
Equity ratio | 22.3 % | 56.1 % | 59.2 % | 52.9 % | 79.3 % |
Gearing | 134.9 % | 4.0 % | 3.9 % | 8.3 % | 0.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 2.1 | 2.4 | 2.0 | 4.8 |
Current ratio | 0.9 | 2.1 | 2.4 | 2.0 | 4.8 |
Cash and cash equivalents | 293.38 | 565.64 | 892.11 | 480.22 | 60.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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