Circular Food Technology ApS — Credit Rating and Financial Key Figures

Circular Food Technology ApS (CVR number: 39615231) is a company from KØBENHAVN. The company recorded a gross profit of -5381.6 kDKK in 2023. The operating profit was -12 mDKK, while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -89.8 %, which can be considered poor and Return on Equity (ROE) was -117.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. Circular Food Technology ApS's liquidity measured by quick ratio was 4.4 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.