Cirqle R&D ApS — Credit Rating and Financial Key Figures

Cirqle R&D ApS (CVR number: 41742836) is a company from KØBENHAVN. The company recorded a gross profit of -136.8 kDKK in 2023. The operating profit was 3814.1 kDKK, while net earnings were 4948.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.4 %, which can be considered excellent and Return on Equity (ROE) was 86.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Cirqle R&D ApS's liquidity measured by quick ratio was 48.2 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.