Cannonball ApS — Credit Rating and Financial Key Figures

Cannonball ApS (CVR number: 31590108) is a company from ODENSE. The company recorded a gross profit of -1482.7 kDKK in 2024. The operating profit was -1482.7 kDKK, while net earnings were -1503.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -329.5 %, which can be considered poor and Return on Equity (ROE) was -361.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Cannonball ApS's liquidity measured by quick ratio was 3.4 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.