Shurtape ApS

Shurtape ApS (CVR number: 41932899) is a company from HERNING. The company recorded a gross profit of 1098.4 kDKK in 2023. The operating profit was 184.4 kDKK, while net earnings were 143.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.9 %, which can be considered excellent and Return on Equity (ROE) was 105.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.6 %, 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. Shurtape ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.