Appvice ApS — Credit Rating and Financial Key Figures

Appvice ApS (CVR number: 38307002) is a company from BALLERUP. The company recorded a gross profit of 409.6 kDKK in 2022. The operating profit was -51.9 kDKK, while net earnings were -53.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. Appvice ApS's liquidity measured by quick ratio was 2.1 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.