techCube ApS — Credit Rating and Financial Key Figures

techCube ApS (CVR number: 40410244) is a company from FREDERICIA. The company recorded a gross profit of 738.6 kDKK in 2023. The operating profit was 105.2 kDKK, while net earnings were 70.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. techCube ApS's liquidity measured by quick ratio was 1.5 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.