1920 ApS — Credit Rating and Financial Key Figures

1920 ApS (CVR number: 42574341) is a company from KØBENHAVN. The company recorded a gross profit of -1171.8 kDKK in 2023. The operating profit was -1536 kDKK, while net earnings were -1540.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.1 %, which can be considered poor and Return on Equity (ROE) was -521.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -72.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 1920 ApS's liquidity measured by quick ratio was 2.9 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.