SONGBIRD 2 ApS — Credit Rating and Financial Key Figures

SONGBIRD 2 ApS (CVR number: 36086599) is a company from KØBENHAVN. The company recorded a gross profit of -74.1 kEUR in 2023. The operating profit was -74.1 kEUR, while net earnings were 5468.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SONGBIRD 2 ApS's liquidity measured by quick ratio was 1.5 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.