APPENDIX FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 87961710
Rønvangen 26, 8382 Hinnerup

Company information

Official name
APPENDIX FINANS ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About APPENDIX FINANS ApS

APPENDIX FINANS ApS (CVR number: 87961710) is a company from FAVRSKOV. The company recorded a gross profit of -62.2 kDKK in 2023. The operating profit was -302.2 kDKK, while net earnings were 331.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. APPENDIX FINANS ApS's liquidity measured by quick ratio was 8.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-48.07-38.39-57.56-54.03-62.25
EBIT-48.07-38.39- 257.56- 254.03- 302.25
Net earnings- 668.202 926.5219.26211.79331.80
Shareholders equity total12 775.0812 501.5912 407.8512 505.2412 719.23
Balance sheet total (assets)12 800.2012 982.0312 432.9712 530.3612 744.36
Net debt-2 324.21-37.22- 225.02- 434.62- 104.90
Profitability
EBIT-%
ROA3.6 %29.2 %0.6 %2.3 %3.6 %
ROE-5.0 %23.2 %0.2 %1.7 %2.6 %
ROI3.6 %29.8 %0.7 %2.3 %3.6 %
Economic value added (EVA)- 584.59- 555.10- 789.90- 810.21- 842.18
Solvency
Equity ratio99.8 %96.3 %99.8 %99.8 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio107.20.111.721.88.4
Current ratio107.20.111.721.88.4
Cash and cash equivalents2 324.2137.22225.02434.62104.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.61%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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