QTO Scandinavia ApS — Credit Rating and Financial Key Figures

QTO Scandinavia ApS (CVR number: 42132713) is a company from AARHUS. The company recorded a gross profit of 28.1 kDKK in 2022. The operating profit was 28.1 kDKK, while net earnings were 21.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 48.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. QTO Scandinavia ApS's liquidity measured by quick ratio was 1.3 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.