MEMORIES ApS — Credit Rating and Financial Key Figures

MEMORIES ApS (CVR number: 34581487) is a company from GLADSAXE. The company recorded a gross profit of 1213.5 kDKK in 2020. The operating profit was 757 kDKK, while net earnings were 576.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.5 %, which can be considered excellent and Return on Equity (ROE) was 132.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEMORIES ApS's liquidity measured by quick ratio was 1.9 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.