APPLIED SOLUTIONS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About APPLIED SOLUTIONS ApS
APPLIED SOLUTIONS ApS (CVR number: 39908735) is a company from KØBENHAVN. The company recorded a gross profit of 16.9 kDKK in 2023, demonstrating a decline of -87.5 % compared to the previous year. The operating profit was 4.5 kDKK, while net earnings were 0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. APPLIED SOLUTIONS 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 236.16 | 250.08 | 277.44 | 144.68 | |
Gross profit | 236.16 | 250.08 | 252.12 | 135.13 | 16.86 |
EBIT | 27.10 | 32.36 | 66.44 | 61.54 | 4.46 |
Net earnings | 18.07 | 22.27 | 49.70 | 43.09 | 0.15 |
Shareholders equity total | 18.17 | 40.44 | 40.00 | 41.20 | 41.35 |
Balance sheet total (assets) | 38.60 | 106.18 | 135.99 | 91.61 | 63.24 |
Net debt | -38.24 | -59.28 | -47.77 | -57.20 | -41.23 |
Profitability | |||||
EBIT-% | 11.5 % | 12.9 % | 23.9 % | 42.5 % | |
ROA | 70.2 % | 44.7 % | 54.9 % | 54.1 % | 5.8 % |
ROE | 99.4 % | 76.0 % | 123.6 % | 106.1 % | 0.4 % |
ROI | 149.1 % | 110.4 % | 165.2 % | 151.6 % | 10.8 % |
Economic value added (EVA) | 21.14 | 26.25 | 52.77 | 48.41 | 5.32 |
Solvency | |||||
Equity ratio | 47.1 % | 38.1 % | 29.4 % | 45.0 % | 65.4 % |
Gearing | |||||
Relative net indebtedness % | -7.5 % | 2.6 % | 17.4 % | -4.7 % | |
Liquidity | |||||
Quick ratio | 1.9 | 1.3 | 1.2 | 1.3 | 2.4 |
Current ratio | 1.9 | 1.3 | 1.2 | 1.3 | 2.4 |
Cash and cash equivalents | 38.24 | 59.28 | 47.77 | 57.20 | 41.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.7 | 81.8 | |||
Net working capital % | 7.7 % | 9.0 % | 5.3 % | 12.2 % | |
Credit risk | |||||
Credit rating | B | BB | B | B | BB |
Variable visualization
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