AppIt Group ApS — Credit Rating and Financial Key Figures

AppIt Group ApS (CVR number: 38568205) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1597.2 kDKK in 2023. The operating profit was 349.4 kDKK, while net earnings were 264.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 79.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AppIt Group ApS's liquidity measured by quick ratio was 1.3 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.