CaschIT ApS — Credit Rating and Financial Key Figures

CaschIT ApS (CVR number: 38186140) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was 30.4 kDKK, while net earnings were 31.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.2 %, which can be considered excellent and Return on Equity (ROE) was 174.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. CaschIT ApS's liquidity measured by quick ratio was 1.6 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.