Equation ApS — Credit Rating and Financial Key Figures

Equation ApS (CVR number: 31500982) is a company from KØBENHAVN. The company recorded a gross profit of 681.7 kDKK in 2023. The operating profit was 681.7 kDKK, while net earnings were 194.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Equation ApS's liquidity measured by quick ratio was 42.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.