Purpose 2 ApS — Credit Rating and Financial Key Figures

Purpose 2 ApS (CVR number: 34590583) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was -75.3 kDKK, while net earnings were -75.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Purpose 2 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.