Basic need ApS — Credit Rating and Financial Key Figures

Basic need ApS (CVR number: 37472069) is a company from AARHUS. The company recorded a gross profit of 1299.6 kDKK in 2018. The operating profit was 661.6 kDKK, while net earnings were 511.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 139.1 %, which can be considered excellent and Return on Equity (ROE) was 293.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56 %, 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. Basic need ApS's liquidity measured by quick ratio was 1.7 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.