x221 ApS — Credit Rating and Financial Key Figures

x221 ApS (CVR number: 39268884) is a company from KØBENHAVN. The company recorded a gross profit of -11.3 kDKK in 2019. The operating profit was -11.3 kDKK, while net earnings were -11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.4 %, which can be considered poor and Return on Equity (ROE) was -56.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. x221 ApS's liquidity measured by quick ratio was 2.8 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.