89CASH ApS — Credit Rating and Financial Key Figures

89CASH ApS (CVR number: 42872466) is a company from SKANDERBORG. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 0 kDKK, while net earnings were -0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 89CASH ApS's liquidity measured by quick ratio was 2.5 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.