29F ApS — Credit Rating and Financial Key Figures

29F ApS (CVR number: 37586986) is a company from KØBENHAVN. The company recorded a gross profit of 3492.2 kDKK in 2022. The operating profit was 124.6 kDKK, while net earnings were 76.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 29F ApS's liquidity measured by quick ratio was 1.2 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.