APIT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About APIT HOLDING ApS
APIT HOLDING ApS (CVR number: 38646060) is a company from KØBENHAVN. The company recorded a gross profit of -2.5 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -2.5 kDKK, while net earnings were 133 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. APIT HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 279.73 | 100.00 | |||
Gross profit | -2.50 | -2.50 | 277.23 | 97.50 | -2.50 |
EBIT | -2.50 | -2.50 | 277.23 | 97.50 | -2.50 |
Net earnings | 235.25 | 300.49 | 326.16 | 32.92 | 133.03 |
Shareholders equity total | 276.79 | 543.98 | 683.18 | 856.75 | 889.79 |
Balance sheet total (assets) | 696.89 | 986.08 | 1 110.07 | 1 484.10 | 1 473.86 |
Net debt | - 229.29 | - 496.48 | - 635.68 | - 688.75 | - 877.31 |
Profitability | |||||
EBIT-% | 99.1 % | 97.5 % | |||
ROA | 47.8 % | 36.7 % | 31.1 % | 13.8 % | 11.6 % |
ROE | 146.4 % | 73.2 % | 53.2 % | 4.3 % | 15.2 % |
ROI | 48.1 % | 36.8 % | 31.2 % | 1.2 % | 11.8 % |
Economic value added (EVA) | 9.47 | 19.16 | 299.45 | 90.68 | 23.52 |
Solvency | |||||
Equity ratio | 39.7 % | 55.2 % | 61.5 % | 57.7 % | 60.4 % |
Gearing | 150.9 % | 80.8 % | 62.1 % | 72.9 % | 61.4 % |
Relative net indebtedness % | -226.4 % | -686.2 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 2.1 | 2.5 | 2.3 | 2.4 |
Current ratio | 1.5 | 2.1 | 2.5 | 2.3 | 2.4 |
Cash and cash equivalents | 646.89 | 936.08 | 1 060.08 | 1 313.59 | 1 423.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 10.5 % | -133.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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