PAY4IT ApS — Credit Rating and Financial Key Figures

PAY4IT ApS (CVR number: 31615712) is a company from KOLDING. The company recorded a gross profit of 5398 kDKK in 2024. The operating profit was 808.9 kDKK, while net earnings were 441.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. 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.