10h10 ApS — Credit Rating and Financial Key Figures

10h10 ApS (CVR number: 39642093) is a company from ASSENS. The company recorded a gross profit of 1590.8 kDKK in 2023. The operating profit was 99.1 kDKK, while net earnings were 98.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. 10h10 ApS's liquidity measured by quick ratio was 3.2 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.