Plane Technology ApS — Credit Rating and Financial Key Figures

Plane Technology ApS (CVR number: 37638595) is a company from KØBENHAVN. The company recorded a gross profit of -11.1 kDKK in 2017. The operating profit was -11.1 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.6 %, which can be considered poor and Return on Equity (ROE) was -146.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. Plane Technology ApS's liquidity measured by quick ratio was 1.3 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.