Devote Agency ApS — Credit Rating and Financial Key Figures

Devote Agency ApS (CVR number: 39252449) is a company from KØBENHAVN. The company recorded a gross profit of 46.5 kDKK in 2022. The operating profit was -113.4 kDKK, while net earnings were -117.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -30.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Devote Agency ApS's liquidity measured by quick ratio was 3.3 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.