Life Apps ApS — Credit Rating and Financial Key Figures

CVR number: 41219742
Lerklinten 22, 4220 Korsør
info@lifeapps.dk
www.lifeapps.dk

Company information

Official name
Life Apps ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Life Apps ApS

Life Apps ApS (CVR number: 41219742) is a company from SLAGELSE. The company recorded a gross profit of -100.9 kDKK in 2024. The operating profit was -187.1 kDKK, while net earnings were -220.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -65 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Life Apps ApS's liquidity measured by quick ratio was 5.6 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 profit- 377.20- 340.1742.8174.60- 100.89
EBIT- 595.07- 444.34-48.98-2.72- 187.12
Net earnings- 513.28- 473.51-86.26-42.29- 220.45
Shareholders equity total- 440.55- 914.07-1 007.60-1 042.61-1 263.06
Balance sheet total (assets)942.18476.87434.81446.44231.78
Net debt837.731 097.091 104.081 065.731 296.79
Profitability
EBIT-%
ROA-43.0 %-32.0 %-3.5 %-0.2 %-12.5 %
ROE-54.5 %-66.7 %-18.9 %-9.6 %-65.0 %
ROI-44.2 %-32.7 %-3.5 %-0.2 %-13.0 %
Economic value added (EVA)- 496.11- 489.86-72.08-22.51- 206.57
Solvency
Equity ratio96.2 %96.4 %90.6 %86.7 %84.2 %
Gearing-305.6 %-150.3 %-139.1 %-137.1 %-115.5 %
Relative net indebtedness %
Liquidity
Quick ratio19.216.47.26.15.6
Current ratio19.216.47.26.15.6
Cash and cash equivalents508.74276.56297.30363.93161.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-12.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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