Falcon.io ApS — Credit Rating and Financial Key Figures

Falcon.io ApS (CVR number: 33362226K) is a company from KØBENHAVN. The company reported a net sales of 23.2 mEUR in 2018, demonstrating a growth of 39.1 % compared to the previous year. The operating profit percentage was poor at -30 % (EBIT: -7 mEUR), while net earnings were -6003 kEUR. The profitability of the company measured by Return on Assets (ROA) was -32.3 %, which can be considered poor and Return on Equity (ROE) was -47.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Falcon.io ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.