Multicover ApS — Credit Rating and Financial Key Figures

Multicover ApS (CVR number: 43057065) is a company from IKAST-BRANDE. The company recorded a gross profit of 179.9 kDKK in 2024. The operating profit was 133.2 kDKK, while net earnings were 53.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, 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. Multicover ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.