Democratic ApS — Credit Rating and Financial Key Figures

Democratic ApS (CVR number: 37426946) is a company from GENTOFTE. The company recorded a gross profit of 45.5 kDKK in 2023. The operating profit was -106.1 kDKK, while net earnings were -93.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42 %, which can be considered poor and Return on Equity (ROE) was -64.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Democratic ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.