AppTech ApS — Credit Rating and Financial Key Figures

CVR number: 40615962
H.C. Ørsteds Vej 60, 1879 Frederiksberg C
aronl@me.com

Company information

Official name
AppTech ApS
Established
2019
Company form
Private limited company
Industry

About AppTech ApS

AppTech ApS (CVR number: 40615962) is a company from FREDERIKSBERG. The company recorded a gross profit of 949.3 kDKK in 2021. The operating profit was 351.6 kDKK, while net earnings were 267.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. AppTech ApS's liquidity measured by quick ratio was 3.1 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
2018
2019
2020
2021
Volume
Net sales
Gross profit782.98910.65949.32
EBIT180.93249.18351.60
Net earnings149.81187.94267.58
Shareholders equity total753.18699.12966.70
Balance sheet total (assets)936.061 058.861 368.91
Net debt- 156.62- 434.49- 599.32
Profitability
EBIT-%
ROA20.6 %25.8 %29.0 %
ROE19.9 %25.9 %32.1 %
ROI22.6 %30.1 %36.3 %
Economic value added (EVA)140.97192.70263.34
Solvency
Equity ratio80.5 %66.0 %70.6 %
Gearing8.5 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.72.43.1
Current ratio5.72.43.1
Cash and cash equivalents156.62494.15641.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBA

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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