Covitest ApS — Credit Rating and Financial Key Figures

Covitest ApS (CVR number: 41283610) is a company from KØBENHAVN. The company recorded a gross profit of -4.5 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -16.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. Covitest ApS's liquidity measured by quick ratio was 2.4 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.