Squindo ApS — Credit Rating and Financial Key Figures

Squindo ApS (CVR number: 41963654) is a company from HORSENS. The company recorded a gross profit of 517.4 kDKK in 2023. The operating profit was -39.1 kDKK, while net earnings were -32.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -23.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Squindo ApS's liquidity measured by quick ratio was 1.2 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.