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 -35.2 kDKK in 2024. The operating profit was -35.2 kDKK, while net earnings were -16 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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 3.6 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.