Next11 Technologies ApS — Credit Rating and Financial Key Figures

Next11 Technologies ApS (CVR number: 39290782) is a company from KØBENHAVN. The company recorded a gross profit of -1487.6 kDKK in 2023. The operating profit was -6818.3 kDKK, while net earnings were -5710.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.2 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. Next11 Technologies ApS's liquidity measured by quick ratio was 1.9 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.