ECHO IT ApS — Credit Rating and Financial Key Figures

ECHO IT ApS (CVR number: 32329640) is a company from FREDERIKSBERG. The company recorded a gross profit of 16.5 kDKK in 2016. The operating profit was 20.2 kDKK, while net earnings were -412.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was -274.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ECHO IT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.