EasyCover ApS — Credit Rating and Financial Key Figures

EasyCover ApS (CVR number: 43489224) is a company from SILKEBORG. The company recorded a gross profit of 3909.7 kDKK in 2024, demonstrating a growth of 181.3 % compared to the previous year. The operating profit was 1470.2 kDKK, while net earnings were 1135.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 63.3 %, which can be considered excellent and Return on Equity (ROE) was 154.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. EasyCover ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.