CRES XIV ApS — Credit Rating and Financial Key Figures

CRES XIV ApS (CVR number: 30498518) is a company from GENTOFTE. The company recorded a gross profit of -6 kEUR in 2023. The operating profit was -6 kEUR, while net earnings were 25.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. CRES XIV ApS's liquidity measured by quick ratio was 1.5 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.