Britt's ApS — Credit Rating and Financial Key Figures

Britt's ApS (CVR number: 41501774) is a company from AARHUS. The company recorded a gross profit of 802.7 kDKK in 2023. The operating profit was 56.7 kDKK, while net earnings were 15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 3.7 %, 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. Britt's ApS's liquidity measured by quick ratio was 1.9 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.