Shop2go ApS

Shop2go ApS (CVR number: 37444545) is a company from HJØRRING. The company recorded a gross profit of 1392.5 kDKK in 2023. The operating profit was -323.1 kDKK, while net earnings were 143.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 9.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Shop2go ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.