Butter ApS — Credit Rating and Financial Key Figures

Butter ApS (CVR number: 37226416) is a company from KØBENHAVN. The company recorded a gross profit of 1917.2 kDKK in 2023. The operating profit was -1030.3 kDKK, while net earnings were -845.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59.8 %, which can be considered poor and Return on Equity (ROE) was -105.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Butter ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.