APPART HOTELS DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32474241
Strevelinsvej 28, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
APPART HOTELS DENMARK ApS
Established
2009
Domicile
Erritsø
Company form
Private limited company
Industry

About APPART HOTELS DENMARK ApS

APPART HOTELS DENMARK ApS (CVR number: 32474241) is a company from FREDERICIA. The company recorded a gross profit of 106.2 kDKK in 2024. The operating profit was 106.2 kDKK, while net earnings were 61.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. APPART HOTELS DENMARK ApS's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit147.50199.00182.18189.76106.18
EBIT147.50199.00182.18189.76106.18
Net earnings103.65143.42129.32135.2161.77
Shareholders equity total1 104.421 247.841 177.161 212.371 274.13
Balance sheet total (assets)2 241.052 359.602 256.802 203.352 219.54
Net debt843.57720.96845.37770.85703.38
Profitability
EBIT-%
ROA6.7 %8.7 %7.9 %8.5 %4.8 %
ROE9.8 %12.2 %10.7 %11.3 %5.0 %
ROI6.7 %8.8 %8.1 %8.7 %4.9 %
Economic value added (EVA)10.0847.5329.7441.63-22.80
Solvency
Equity ratio49.3 %52.9 %52.2 %55.0 %57.4 %
Gearing93.7 %78.6 %78.7 %72.1 %64.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.32.02.12.4
Current ratio3.03.32.02.12.4
Cash and cash equivalents191.39259.6581.61102.79121.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.80%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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