THE SIMPLE LIFE ApS

THE SIMPLE LIFE ApS (CVR number: 34897662) is a company from ODENSE. The company reported a net sales of 0.8 mDKK in 2022, demonstrating a growth of 68.7 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 0 mDKK), while net earnings were 4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THE SIMPLE LIFE 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.