Skin2 ApS — Credit Rating and Financial Key Figures

Skin2 ApS (CVR number: 42562483) is a company from GREVE. The company recorded a gross profit of 63.2 kDKK in 2023. The operating profit was 27.5 kDKK, while net earnings were 20.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 72.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Skin2 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.