CANBYG ASX 1516 ApS — Credit Rating and Financial Key Figures

CANBYG ASX 1516 ApS (CVR number: 66952118) is a company from HVIDOVRE. The company recorded a gross profit of 14.4 mDKK in 2023. The operating profit was 2575.3 kDKK, while net earnings were 1899.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 113.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CANBYG ASX 1516 ApS's liquidity measured by quick ratio was 1.4 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.