Reason To Believe ApS — Credit Rating and Financial Key Figures

Reason To Believe ApS (CVR number: 37908061) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -26.6 % compared to the previous year. The operating profit percentage was at 96.4 % (EBIT: 0.1 mDKK), while net earnings were 109.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Reason To Believe ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.