Hobbyte ApS — Credit Rating and Financial Key Figures

Hobbyte ApS (CVR number: 37859613) is a company from AALBORG. The company recorded a gross profit of 303 kDKK in 2023. The operating profit was -16.6 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hobbyte ApS's liquidity measured by quick ratio was 2.2 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.