Double ApS — Credit Rating and Financial Key Figures

Double ApS (CVR number: 43582399) is a company from AALBORG. The company recorded a gross profit of 15.3 mDKK in 2024. The operating profit was 9895.1 kDKK, while net earnings were 7334.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.8 %, which can be considered excellent and Return on Equity (ROE) was 97.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, 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. Double ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.