Next Level Fireworks ApS — Credit Rating and Financial Key Figures

Next Level Fireworks ApS (CVR number: 40250654) is a company from EGEDAL. The company recorded a gross profit of -128.1 kDKK in 2023. The operating profit was -128.1 kDKK, while net earnings were -101.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -59 %, which can be considered poor and Return on Equity (ROE) was -81.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.2 %, 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. Next Level Fireworks ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.