PAINTLESS ApS — Credit Rating and Financial Key Figures

PAINTLESS ApS (CVR number: 18576473) is a company from HELSINGØR. The company recorded a gross profit of 3623.3 kDKK in 2023. The operating profit was 1137.9 kDKK, while net earnings were 941.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.6 %, which can be considered excellent and Return on Equity (ROE) was 43.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. PAINTLESS ApS's liquidity measured by quick ratio was 4.1 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.