The Circular Way ApS — Credit Rating and Financial Key Figures

The Circular Way ApS (CVR number: 37592560) is a company from KØBENHAVN. The company recorded a gross profit of 2.5 kDKK in 2023. The operating profit was 2.5 kDKK, while net earnings were -18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -30.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. The Circular Way ApS's liquidity measured by quick ratio was 2.1 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.