Appvestor ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Appvestor ApS
Appvestor ApS (CVR number: 37614904K) is a company from GLADSAXE. The company reported a net sales of 30.2 mEUR in 2024, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 0.7 mEUR), while net earnings were 417 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.2 %, 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. Appvestor ApS's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.10 | 15.90 | 24.09 | 28.16 | 30.19 |
Gross profit | 73.79 | 7.26 | 7.15 | 11.05 | 12.84 |
EBIT | 18.46 | -0.47 | -2.14 | 1.21 | 0.68 |
Net earnings | 10.82 | -0.74 | -2.31 | 0.62 | 0.42 |
Shareholders equity total | 71.93 | 8.36 | 5.94 | 6.32 | 6.71 |
Balance sheet total (assets) | 118.52 | 15.46 | 12.01 | 11.63 | 11.39 |
Net debt | -15.89 | -2.88 | -1.52 | -1.76 | -2.91 |
Profitability | |||||
EBIT-% | 18.8 % | -3.0 % | -8.9 % | 4.3 % | 2.2 % |
ROA | 14.8 % | -0.7 % | -15.6 % | 10.5 % | 6.5 % |
ROE | 18.3 % | -1.9 % | -32.3 % | 10.1 % | 6.4 % |
ROI | 13.6 % | -0.9 % | -20.8 % | 14.1 % | 8.4 % |
Economic value added (EVA) | 11.28 | -3.43 | -2.49 | 0.64 | 0.21 |
Solvency | |||||
Equity ratio | 60.7 % | 54.1 % | 49.5 % | 54.3 % | 60.2 % |
Gearing | 0.3 % | 12.6 % | 17.5 % | 15.9 % | 11.1 % |
Relative net indebtedness % | 31.1 % | 19.9 % | 14.6 % | 9.0 % | 2.6 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.9 | 1.5 | 1.9 | 2.5 |
Current ratio | 1.2 | 1.9 | 1.5 | 1.9 | 2.5 |
Cash and cash equivalents | 16.07 | 3.93 | 2.56 | 2.76 | 3.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.1 | 60.6 | 39.3 | 40.3 | 41.9 |
Net working capital % | 4.8 % | 22.6 % | 7.5 % | 10.3 % | 15.0 % |
Credit risk | |||||
Credit rating | AA | A | BBB | AA | A |
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