Under 37 ApS — Credit Rating and Financial Key Figures

Under 37 ApS (CVR number: 42811572) is a company from VARDE. The company recorded a gross profit of 745.3 kDKK in 2024. The operating profit was 261.8 kDKK, while net earnings were 212.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.9 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Under 37 ApS's liquidity measured by quick ratio was 4.9 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.