ConCribe ApS — Credit Rating and Financial Key Figures

ConCribe ApS (CVR number: 37663425) is a company from HEDENSTED. The company recorded a gross profit of 2043.3 kDKK in 2023. The operating profit was 238.7 kDKK, while net earnings were 128.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.8 %, 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. ConCribe ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.