Places ApS — Credit Rating and Financial Key Figures

Places ApS (CVR number: 42754927) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 1397.6 kDKK in 2023. The operating profit was 50.6 kDKK, while net earnings were -80.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Places ApS's liquidity measured by quick ratio was 4.5 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.