RAY ApS — Credit Rating and Financial Key Figures

RAY ApS (CVR number: 31083907) is a company from KØBENHAVN. The company recorded a gross profit of 249.6 kDKK in 2022. The operating profit was -135 kDKK, while net earnings were -141.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56 %, which can be considered poor and Return on Equity (ROE) was -123.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RAY ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.