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 175.1 kDKK in 2024. The operating profit was -76.4 kDKK, while net earnings were -75.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.1 %, which can be considered poor and Return on Equity (ROE) was -145.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. Hobbyte ApS's liquidity measured by quick ratio was 1.5 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.