Appassionato ApS — Credit Rating and Financial Key Figures

CVR number: 40539441
Amager Strandvej 60, 2300 København S

Credit rating

Company information

Official name
Appassionato ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Appassionato ApS

Appassionato ApS (CVR number: 40539441) is a company from KØBENHAVN. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were -35.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Appassionato ApS's liquidity measured by quick ratio was 6.8 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 profit-2.08-18.88-16.71- 128.28-14.01
EBIT-2.08-18.88-16.71- 128.28-14.01
Net earnings-4.11-14.20-13.09- 138.12-35.74
Shareholders equity total33.7919.586.49- 131.63- 167.37
Balance sheet total (assets)76.20103.50167.41218.81946.27
Net debt30.3932.5054.33298.581 062.30
Profitability
EBIT-%
ROA-2.7 %-21.0 %-12.3 %-49.5 %-1.4 %
ROE-12.2 %-53.2 %-100.4 %-122.6 %-6.1 %
ROI-3.2 %-30.3 %-27.5 %-71.4 %-1.5 %
Economic value added (EVA)-2.08-15.77-13.60- 137.07-7.40
Solvency
Equity ratio44.3 %18.9 %3.9 %-37.6 %-15.0 %
Gearing90.0 %209.2 %837.3 %-226.8 %-634.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.51.16.8
Current ratio1.81.21.01.87.5
Cash and cash equivalents8.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-1.41%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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