SWITTZ ApS — Credit Rating and Financial Key Figures

SWITTZ ApS (CVR number: 36484446) is a company from KOLDING. The company recorded a gross profit of 16.8 kDKK in 2023. The operating profit was 16.8 kDKK, while net earnings were 9.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.8 %, which can be considered excellent and Return on Equity (ROE) was 158.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SWITTZ ApS's liquidity measured by quick ratio was 1.6 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.