VELVET IDEAS ApS — Credit Rating and Financial Key Figures

VELVET IDEAS ApS (CVR number: 28973179) is a company from KØBENHAVN. The company recorded a gross profit of -9.3 kDKK in 2022. The operating profit was -9.3 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -50 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VELVET IDEAS ApS's liquidity measured by quick ratio was 1.1 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.