UPGRADE ApS — Credit Rating and Financial Key Figures

UPGRADE ApS (CVR number: 29214883) is a company from HADERSLEV. The company recorded a gross profit of 441.7 kDKK in 2024. The operating profit was -181.4 kDKK, while net earnings were -154.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.6 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. UPGRADE ApS's liquidity measured by quick ratio was 1.7 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.