APPLUS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About APPLUS DANMARK A/S
APPLUS DANMARK A/S (CVR number: 28312725) is a company from Høje-Taastrup. The company reported a net sales of 216.1 mDKK in 2023, demonstrating a growth of 4.9 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 16 mDKK), while net earnings were 18 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. APPLUS DANMARK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 203.51 | 196.58 | 201.78 | 205.90 | 216.06 |
Gross profit | 33.93 | 25.08 | 31.64 | 37.71 | 39.88 |
EBIT | 16.76 | 3.18 | 8.25 | 12.45 | 16.02 |
Net earnings | 25.02 | 1.15 | 7.34 | 12.95 | 17.97 |
Shareholders equity total | 80.35 | 81.56 | 88.95 | 102.01 | 120.03 |
Balance sheet total (assets) | 149.76 | 145.28 | 135.75 | 131.28 | 142.94 |
Net debt | 1.40 | -9.67 | -9.12 | ||
Profitability | |||||
EBIT-% | 8.2 % | 1.6 % | 4.1 % | 6.0 % | 7.4 % |
ROA | 11.2 % | 2.2 % | 5.9 % | 9.3 % | 11.8 % |
ROE | 36.9 % | 1.4 % | 8.6 % | 13.6 % | 16.2 % |
ROI | 11.2 % | 2.2 % | 6.6 % | 12.0 % | 14.4 % |
Economic value added (EVA) | 13.98 | -0.86 | 4.60 | 10.53 | 14.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 65.5 % | 77.7 % | 84.0 % |
Gearing | 17.0 % | 2.3 % | 0.3 % | ||
Relative net indebtedness % | 16.4 % | 8.4 % | 6.2 % | ||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.4 | ||
Current ratio | 0.9 | 1.0 | 1.4 | ||
Cash and cash equivalents | 13.68 | 12.01 | 9.43 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.8 | 27.2 | 22.7 | ||
Net working capital % | -1.4 % | 0.2 % | 4.6 % | ||
Credit risk | |||||
Credit rating | BBB | A | AAA | AA | AA |
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