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SysApp ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SysApp ApS
SysApp ApS (CVR number: 38172271) is a company from MIDDELFART. The company recorded a gross profit of 101.3 kDKK in 2025, demonstrating a growth of 2515.2 % compared to the previous year. The operating profit was 21.3 kDKK, while net earnings were 21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.6 %, which can be considered excellent and Return on Equity (ROE) was 100.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. SysApp ApS's liquidity measured by quick ratio was 1.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 70.40 | ||||
| Gross profit | -6.32 | 3.88 | 101.34 | ||
| EBIT | -6.32 | 3.88 | 21.34 | ||
| Net earnings | -11.88 | -6.47 | 0.01 | 3.77 | 21.34 |
| Shareholders equity total | 13.63 | 6.75 | 6.76 | 10.53 | 31.88 |
| Balance sheet total (assets) | 27.09 | 19.90 | 20.63 | 22.78 | 75.18 |
| Net debt | -24.30 | -0.29 | 2.78 | -5.72 | -44.56 |
| Profitability | |||||
| EBIT-% | 5.5 % | ||||
| ROA | -26.9 % | 0.0 % | 17.9 % | 43.6 % | |
| ROE | -60.7 % | -63.5 % | 0.1 % | 43.6 % | 100.6 % |
| ROI | -48.7 % | 0.1 % | 38.6 % | 100.6 % | |
| Economic value added (EVA) | -1.44 | -7.15 | -0.48 | 3.39 | 20.81 |
| Solvency | |||||
| Equity ratio | 50.3 % | 33.9 % | 32.8 % | 46.2 % | 42.4 % |
| Gearing | 20.5 % | 41.4 % | 41.3 % | ||
| Relative net indebtedness % | 9.3 % | ||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.5 | 1.5 | 1.9 | 1.7 |
| Current ratio | 2.0 | 1.5 | 1.5 | 1.9 | 1.7 |
| Cash and cash equivalents | 27.09 | 3.08 | 0.01 | 5.72 | 44.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 88.5 | ||||
| Net working capital % | 15.0 % | ||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BB |
Variable visualization
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