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123cards ApS — Credit Rating and Financial Key Figures

CVR number: 29518548
Strandvejen 100, 2900 Hellerup
Free credit report Annual report

Credit rating

Company information

Official name
123cards ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry

About 123cards ApS

123cards ApS (CVR number: 29518548) is a company from GENTOFTE. The company recorded a gross profit of 11.1 mDKK in 2025. The operating profit was 10.8 mDKK, while net earnings were 9220.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.2 %, which can be considered excellent and Return on Equity (ROE) was 111.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. 123cards ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 263.863 799.254 556.786 157.0111 109.74
EBIT222.082 054.441 846.585 764.1610 779.74
Net earnings221.711 743.571 843.575 255.339 220.31
Shareholders equity total741.052 484.622 828.196 283.5210 303.83
Balance sheet total (assets)5 282.2412 355.8415 018.7523 773.3229 216.34
Net debt-1 194.61-2 442.55-3 778.63-3 211.69-1 016.37
Profitability
EBIT-%
ROA7.5 %26.2 %17.9 %34.7 %45.2 %
ROE17.3 %108.1 %69.4 %115.4 %111.2 %
ROI22.6 %143.5 %92.5 %147.9 %144.3 %
Economic value added (EVA)81.711 564.361 315.494 353.938 092.45
Solvency
Equity ratio14.0 %20.1 %18.8 %26.4 %35.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.21.41.5
Current ratio1.11.21.21.41.5
Cash and cash equivalents1 194.612 442.553 778.633 211.691 016.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:45.2%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.3%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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