Octopus Denmark ApS — Credit Rating and Financial Key Figures

Octopus Denmark ApS (CVR number: 33360568) is a company from KØBENHAVN. The company recorded a gross profit of 441.9 kDKK in 2023. The operating profit was 64.3 kDKK, while net earnings were 41 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -66.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Octopus Denmark ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.