Kvasir Technologies ApS — Credit Rating and Financial Key Figures

Kvasir Technologies ApS (CVR number: 39878348) is a company from GLADSAXE. The company recorded a gross profit of -2631.7 kDKK in 2024. The operating profit was -18.5 mDKK, while net earnings were -16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -25.7 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kvasir Technologies ApS's liquidity measured by quick ratio was 1.7 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.