Articipate ApS — Credit Rating and Financial Key Figures

Articipate ApS (CVR number: 42231444) is a company from KØBENHAVN. The company recorded a gross profit of 390.8 kDKK in 2022. The operating profit was -218.3 kDKK, while net earnings were -219.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.2 %, which can be considered poor and Return on Equity (ROE) was -146.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Articipate ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.