Believe Aps — Credit Rating and Financial Key Figures

Believe Aps (CVR number: 38180916) is a company from FREDERIKSSUND. The company recorded a gross profit of 7.7 kDKK in 2023. The operating profit was 7.7 kDKK, while net earnings were 7.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. Believe Aps's liquidity measured by quick ratio was 4.5 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.