More2phone ApS — Credit Rating and Financial Key Figures

More2phone ApS (CVR number: 38545280) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2017. The operating profit percentage was poor at -127.3 % (EBIT: -0 mDKK), while net earnings were -29.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.8 %, which can be considered poor and Return on Equity (ROE) was -140.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, 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. More2phone ApS's liquidity measured by quick ratio was 2.4 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.