SWAP XXIV ApS — Credit Rating and Financial Key Figures

SWAP XXIV ApS (CVR number: 35054464) is a company from AALBORG. The company recorded a gross profit of -6.8 kDKK in 2019. The operating profit was -6.8 kDKK, while net earnings were 77.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SWAP XXIV 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.