Rackbeat ApS — Credit Rating and Financial Key Figures

Rackbeat ApS (CVR number: 39086409) is a company from KØBENHAVN. The company recorded a gross profit of 2798.6 kDKK in 2023. The operating profit was -11.8 mDKK, while net earnings were -10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -143.1 %, which can be considered poor and Return on Equity (ROE) was -165.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rackbeat ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.