APPLICATIONS A/S — Credit Rating and Financial Key Figures

APPLICATIONS A/S (CVR number: 26430151) is a company from KØBENHAVN. The company recorded a gross profit of -63.3 kDKK in 2017. The operating profit was -334.9 kDKK, while net earnings were -340.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.9 %, which can be considered poor and Return on Equity (ROE) was -43.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. APPLICATIONS A/S's liquidity measured by quick ratio was 29.2 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.