Apps To Go ApS — Credit Rating and Financial Key Figures

CVR number: 39048507
Kirkegade 148, 6700 Esbjerg
kristianandres@gmail.com

Credit rating

Company information

Official name
Apps To Go ApS
Established
2017
Company form
Private limited company
Industry

About Apps To Go ApS

Apps To Go ApS (CVR number: 39048507) is a company from ESBJERG. The company recorded a gross profit of 29.3 kDKK in 2023. The operating profit was 29.3 kDKK, while net earnings were 23.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 34.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. Apps To Go ApS's liquidity measured by quick ratio was 3.1 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 profit53.8524.6314.794.8929.26
EBIT53.8524.6314.794.8929.26
Net earnings42.0118.6611.133.3023.14
Shareholders equity total42.0260.6751.8055.1078.24
Balance sheet total (assets)98.8576.2955.03218.56116.02
Net debt-92.10-70.84-43.68-95.83- 105.26
Profitability
EBIT-%
ROA104.1 %28.1 %22.5 %3.6 %17.8 %
ROE200.0 %36.3 %19.8 %6.2 %34.7 %
ROI256.3 %48.0 %26.3 %9.2 %44.6 %
Economic value added (EVA)42.2123.6211.694.4824.83
Solvency
Equity ratio42.5 %79.5 %94.1 %25.2 %67.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.74.917.01.33.1
Current ratio1.74.917.01.33.1
Cash and cash equivalents92.1070.8443.6895.83105.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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