Wear Markets ApS — Credit Rating and Financial Key Figures

Wear Markets ApS (CVR number: 41869275) is a company from SILKEBORG. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were -5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.3 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Wear Markets ApS's liquidity measured by quick ratio was 4.7 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.