JewlSwitch ApS — Credit Rating and Financial Key Figures

JewlSwitch ApS (CVR number: 42796085) is a company from GLADSAXE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 74.3 % (EBIT: 0.1 mDKK), while net earnings were 61.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.1 %, which can be considered excellent and Return on Equity (ROE) was 61.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. JewlSwitch ApS's liquidity measured by quick ratio was 3.2 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.