Float Studio ApS — Credit Rating and Financial Key Figures

Float Studio ApS (CVR number: 39741296) is a company from AARHUS. The company recorded a gross profit of 397.1 kDKK in 2023. The operating profit was -2986.7 kDKK, while net earnings were -3179.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.3 %, which can be considered poor and Return on Equity (ROE) was -94.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -287.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Float Studio ApS's liquidity measured by quick ratio was 1.2 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.