First Letter ApS — Credit Rating and Financial Key Figures

First Letter ApS (CVR number: 40257705) is a company from KØBENHAVN. The company recorded a gross profit of -16.2 kDKK in 2023. The operating profit was -16.2 kDKK, while net earnings were 1247.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 128.3 %, which can be considered excellent and Return on Equity (ROE) was 187.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. First Letter ApS's liquidity measured by quick ratio was 7 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.