ASX 6704 ApS — Credit Rating and Financial Key Figures

ASX 6704 ApS (CVR number: 75087411) is a company from FREDERIKSHAVN. The company recorded a gross profit of 168.4 kDKK in 2023. The operating profit was 62.1 kDKK, while net earnings were -52.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.5 %, 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. ASX 6704 ApS's liquidity measured by quick ratio was 5.4 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.