DEVOTED ApS — Credit Rating and Financial Key Figures

DEVOTED ApS (CVR number: 36394447) is a company from KOLDING. The company recorded a gross profit of 82 kDKK in 2023. The operating profit was -56.4 kDKK, while net earnings were -45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47 %, which can be considered poor and Return on Equity (ROE) was -88.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DEVOTED ApS's liquidity measured by quick ratio was 1.2 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.