On Time ApS — Credit Rating and Financial Key Figures

On Time ApS (CVR number: 41746424) is a company from KØBENHAVN. The company recorded a gross profit of 1396.5 kDKK in 2023. The operating profit was -90.4 kDKK, while net earnings were -91.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -115.8 %, which can be considered poor and Return on Equity (ROE) was -173.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. On Time 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.