Plank ApS — Credit Rating and Financial Key Figures

Plank ApS (CVR number: 34876908) is a company from KØBENHAVN. The company recorded a gross profit of 930 kDKK in 2023. The operating profit was 155.2 kDKK, while net earnings were 78.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. Plank ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.