Listen to the Rainbow ApS — Credit Rating and Financial Key Figures

Listen to the Rainbow ApS (CVR number: 40048049) is a company from AALBORG. The company recorded a gross profit of 498.2 kDKK in 2022. The operating profit was 53.9 kDKK, while net earnings were 40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -59.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Listen to the Rainbow ApS's liquidity measured by quick ratio was 2.8 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.