IRIDIUM WATERPROOF COMMUNICATION SYSTEMS ApS — Credit Rating and Financial Key Figures

IRIDIUM WATERPROOF COMMUNICATION SYSTEMS ApS (CVR number: 35845631) is a company from ALLERØD. The company recorded a gross profit of 8762.2 kDKK in 2024. The operating profit was -602.3 kDKK, while net earnings were -480.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. IRIDIUM WATERPROOF COMMUNICATION SYSTEMS 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.