Market Pay Nordic & Baltic ApS — Credit Rating and Financial Key Figures

Market Pay Nordic & Baltic ApS (CVR number: 42402257) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 70.2 mDKK in 2023. The operating profit was 14.5 mDKK, while net earnings were 7590.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. Market Pay Nordic & Baltic ApS's liquidity measured by quick ratio was 6.7 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.