Køge 1001 Ting ApS — Credit Rating and Financial Key Figures

Køge 1001 Ting ApS (CVR number: 42164135) is a company from FAXE. The company recorded a gross profit of 465.7 kDKK in 2023. The operating profit was 52.1 kDKK, while net earnings were 24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Køge 1001 Ting ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.