Algorize ApS — Credit Rating and Financial Key Figures

Algorize ApS (CVR number: 41002832) is a company from KØBENHAVN. The company recorded a gross profit of 5662.5 kDKK in 2023. The operating profit was 2425.5 kDKK, while net earnings were 1894.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.6 %, which can be considered excellent and Return on Equity (ROE) was 91.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. Algorize ApS's liquidity measured by quick ratio was 2.2 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.