PAY4IT ApS

PAY4IT ApS (CVR number: 31615712) is a company from KOLDING. The company recorded a gross profit of 7149.1 kDKK in 2023. The operating profit was 2667.8 kDKK, while net earnings were 2039 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 176.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. PAY4IT ApS's liquidity measured by quick ratio was 1.3 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.