MEQQIT ApS — Credit Rating and Financial Key Figures

MEQQIT ApS (CVR number: 12753128) is a company from KUJALLEQ. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -28.7 kDKK, while net earnings were -33.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -38.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. MEQQIT 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.