PHONOTECH ApS — Credit Rating and Financial Key Figures

PHONOTECH ApS (CVR number: 12262272) is a company from FREDERIKSSUND. The company recorded a gross profit of 734.4 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were -27.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. PHONOTECH ApS's liquidity measured by quick ratio was 1.6 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.