BizApps ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BizApps ApS
BizApps ApS (CVR number: 40305246) is a company from EGEDAL. The company recorded a gross profit of 995.4 kDKK in 2023. The operating profit was -970.3 kDKK, while net earnings were -998.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.4 %, which can be considered poor and Return on Equity (ROE) was -54.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. BizApps ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 334.19 | 3 029.88 | 5 244.39 | 4 455.03 | 995.43 |
EBIT | 577.69 | 1 017.17 | 2 987.02 | - 893.25 | - 970.31 |
Net earnings | 444.28 | 792.81 | 2 322.22 | - 935.91 | - 998.59 |
Shareholders equity total | 444.28 | 1 237.09 | 3 446.31 | 2 396.00 | 1 279.61 |
Balance sheet total (assets) | 1 301.17 | 2 169.20 | 5 663.86 | 4 177.78 | 2 578.34 |
Net debt | - 761.41 | - 528.63 | -5 289.77 | -1 240.16 | -1 094.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.4 % | 58.7 % | 76.3 % | -18.2 % | -28.4 % |
ROE | 100.0 % | 94.3 % | 99.2 % | -32.0 % | -54.3 % |
ROI | 118.6 % | 118.0 % | 127.6 % | -30.1 % | -50.4 % |
Economic value added (EVA) | 449.26 | 810.87 | 2 288.66 | - 800.62 | -1 024.19 |
Solvency | |||||
Equity ratio | 34.1 % | 57.0 % | 60.8 % | 57.4 % | 49.6 % |
Gearing | 9.7 % | 3.5 % | 3.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 3.1 | 2.6 | 2.3 | 1.9 |
Current ratio | 1.5 | 3.1 | 2.6 | 2.3 | 1.9 |
Cash and cash equivalents | 804.36 | 528.63 | 5 289.77 | 1 323.78 | 1 142.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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