BizApps ApS — Credit Rating and Financial Key Figures

CVR number: 40305246
Nordre Sørække 13, Søsum 3670 Veksø Sjælland
mrp@bizapps.dk
tel: 31232436
bizapps.dk

Credit rating

Company information

Official name
BizApps ApS
Personnel
2 persons
Established
2019
Domicile
Søsum
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 334.193 029.885 244.394 455.03995.43
EBIT577.691 017.172 987.02- 893.25- 970.31
Net earnings444.28792.812 322.22- 935.91- 998.59
Shareholders equity total444.281 237.093 446.312 396.001 279.61
Balance sheet total (assets)1 301.172 169.205 663.864 177.782 578.34
Net debt- 761.41- 528.63-5 289.77-1 240.16-1 094.67
Profitability
EBIT-%
ROA44.4 %58.7 %76.3 %-18.2 %-28.4 %
ROE100.0 %94.3 %99.2 %-32.0 %-54.3 %
ROI118.6 %118.0 %127.6 %-30.1 %-50.4 %
Economic value added (EVA)449.26810.872 288.66- 800.62-1 024.19
Solvency
Equity ratio34.1 %57.0 %60.8 %57.4 %49.6 %
Gearing9.7 %3.5 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.53.12.62.31.9
Current ratio1.53.12.62.31.9
Cash and cash equivalents804.36528.635 289.771 323.781 142.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-28.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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