Challenge 2019 ApS

Challenge 2019 ApS (CVR number: 40561668) is a company from GENTOFTE. The company recorded a gross profit of 259.9 kDKK in 2022. The operating profit was 254.3 kDKK, while net earnings were 194.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.7 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. Challenge 2019 ApS's liquidity measured by quick ratio was 2.5 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.