Audit Applications ApS

Audit Applications ApS (CVR number: 36701242) is a company from SØNDERBORG. The company recorded a gross profit of 171.8 kDKK in 2019. The operating profit was 171.8 kDKK, while net earnings were 133.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 115.2 %, which can be considered excellent and Return on Equity (ROE) was 137.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. Audit Applications ApS's liquidity measured by quick ratio was 2.5 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.