Velocity Management ApS — Credit Rating and Financial Key Figures

Velocity Management ApS (CVR number: 42740810) is a company from KØBENHAVN. The company recorded a gross profit of -370.6 kDKK in 2023. The operating profit was -370.6 kDKK, while net earnings were -416 kDKK. The profitability of the company measured by Return on Assets (ROA) was -92.4 %, which can be considered poor and Return on Equity (ROE) was -711.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -80.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Velocity Management ApS's liquidity measured by quick ratio was 1.5 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.