XLock Scandinavia ApS — Credit Rating and Financial Key Figures

XLock Scandinavia ApS (CVR number: 42075574) is a company from DRAGØR. The company recorded a gross profit of 387.5 kDKK in 2023. The operating profit was 207.5 kDKK, while net earnings were 147.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.4 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. XLock Scandinavia ApS's liquidity measured by quick ratio was 2 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.