1stDrugResearch ApS

1stDrugResearch ApS (CVR number: 40927697) is a company from SKANDERBORG. The company recorded a gross profit of -11.5 kDKK in 2020. The operating profit was -11.5 kDKK, while net earnings were -10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. 1stDrugResearch ApS's liquidity measured by quick ratio was 3.8 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.