IQ Technic ApS — Credit Rating and Financial Key Figures

IQ Technic ApS (CVR number: 33394152) is a company from HJØRRING. The company recorded a gross profit of 1009.4 kDKK in 2023. The operating profit was -105.2 kDKK, while net earnings were -82.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -19.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. IQ Technic ApS's liquidity measured by quick ratio was 2.1 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.