Ripples ApS — Credit Rating and Financial Key Figures

Ripples ApS (CVR number: 35857214) is a company from HALSNÆS. The company recorded a gross profit of 52.2 kDKK in 2018. The operating profit was -67.8 kDKK, while net earnings were -55.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.7 %, which can be considered poor and Return on Equity (ROE) was -53.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. Ripples ApS's liquidity measured by quick ratio was 1.4 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.