X Block ApS — Credit Rating and Financial Key Figures

X Block ApS (CVR number: 37953571) is a company from KØBENHAVN. The company recorded a gross profit of 591.5 kDKK in 2023. The operating profit was 92.7 kDKK, while net earnings were -90 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. X Block ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.