Past Forward ApS — Credit Rating and Financial Key Figures

Past Forward ApS (CVR number: 43146262) is a company from AARHUS. The company recorded a gross profit of 485.9 kDKK in 2023. The operating profit was -191 kDKK, while net earnings were -164.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81.9 %, which can be considered poor and Return on Equity (ROE) was -140.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Past Forward ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.