Octothorpe IT ApS — Credit Rating and Financial Key Figures

Octothorpe IT ApS (CVR number: 41461063) is a company from KØBENHAVN. The company recorded a gross profit of 1051 kDKK in 2023. The operating profit was 27.3 kDKK, while net earnings were 4.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Octothorpe IT ApS's liquidity measured by quick ratio was 1.6 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.