Xsided Games ApS — Credit Rating and Financial Key Figures

Xsided Games ApS (CVR number: 41058722) is a company from ODDER. The company recorded a gross profit of -12 kDKK in 2023. The operating profit was -12 kDKK, while net earnings were 1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.1 %, which can be considered poor but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -36 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Xsided Games 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.