1234-Tech Aps — Credit Rating and Financial Key Figures

1234-Tech Aps (CVR number: 32272142) is a company from AALBORG. The company recorded a gross profit of -36.5 kDKK in 2016. The operating profit was -50.1 kDKK, while net earnings were -50.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26 %, which can be considered poor and Return on Equity (ROE) was -27.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 1234-Tech Aps's liquidity measured by quick ratio was 15.2 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.