RADAR MAGNETS ApS — Credit Rating and Financial Key Figures

RADAR MAGNETS ApS (CVR number: 41449349) is a company from KØBENHAVN. The company recorded a gross profit of -13.5 kDKK in 2023. The operating profit was -13.5 kDKK, while net earnings were 351.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 119.9 %, which can be considered excellent and Return on Equity (ROE) was 83.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RADAR MAGNETS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.