Cirqle Biomedical Contraception ApS — Credit Rating and Financial Key Figures

Cirqle Biomedical Contraception ApS (CVR number: 39865769) is a company from KØBENHAVN. The company recorded a gross profit of -12848.5 kDKK in 2023. The operating profit was -21.2 mDKK, while net earnings were -16 mDKK. The profitability of the company measured by Return on Assets (ROA) was -34.8 %, which can be considered poor and Return on Equity (ROE) was -37.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Cirqle Biomedical Contraception ApS's liquidity measured by quick ratio was 13 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.