Pappa's Multiservice ApS — Credit Rating and Financial Key Figures

Pappa's Multiservice ApS (CVR number: 41833971) is a company from VARDE. The company recorded a gross profit of 500.8 kDKK in 2023. The operating profit was 206.8 kDKK, while net earnings were 156.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.6 %, which can be considered excellent and Return on Equity (ROE) was 93.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.5 %, 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. Pappa's Multiservice ApS's liquidity measured by quick ratio was 4.4 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.