Madpassion ApS — Credit Rating and Financial Key Figures

Madpassion ApS (CVR number: 41614005) is a company from KØBENHAVN. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were -5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31 %, which can be considered poor and Return on Equity (ROE) was -38.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Madpassion ApS's liquidity measured by quick ratio was 2.4 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.