Aquatime ApS — Credit Rating and Financial Key Figures

Aquatime ApS (CVR number: 41805455) is a company from KØBENHAVN. The company recorded a gross profit of -952.9 kDKK in 2023. The operating profit was -4551.7 kDKK, while net earnings were -4659.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.4 %, which can be considered poor and Return on Equity (ROE) was -142.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -51.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aquatime ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.