Page17 ApS — Credit Rating and Financial Key Figures

Page17 ApS (CVR number: 37989169) is a company from HORSENS. The company recorded a gross profit of 9972.6 kDKK in 2024. The operating profit was 1972.2 kDKK, while net earnings were 1434.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, 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. Page17 ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.