Stretch Qonnect ApS — Credit Rating and Financial Key Figures

Stretch Qonnect ApS (CVR number: 32769934) is a company from KØBENHAVN. The company recorded a gross profit of 17.5 mDKK in 2023. The operating profit was 3963.2 kDKK, while net earnings were 3032.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.2 %, which can be considered excellent and Return on Equity (ROE) was 100.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Stretch Qonnect ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.