APPS PEOPLE A/S — Credit Rating and Financial Key Figures

APPS PEOPLE A/S (CVR number: 30926137K) is a company from KØBENHAVN. The company recorded a gross profit of 5195.1 kDKK in 2017. The operating profit was 2824.8 kDKK, while net earnings were 2823.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.8 %, which can be considered excellent and Return on Equity (ROE) was 121.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. APPS PEOPLE A/S'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.