44 East ApS — Credit Rating and Financial Key Figures

44 East ApS (CVR number: 41496630) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 19.2 mDKK in 2023, demonstrating a growth of 70.6 % compared to the previous year. The operating profit percentage was at 35.3 % (EBIT: 6.8 mDKK), while net earnings were 5292.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 119.5 %, which can be considered excellent and Return on Equity (ROE) was 129.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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. 44 East ApS's liquidity measured by quick ratio was 3.8 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.