29842-M ApS — Credit Rating and Financial Key Figures

29842-M ApS (CVR number: 32838820) is a company from FREDERICIA. The company recorded a gross profit of -3.2 kDKK in 2020. The operating profit was -3.2 kDKK, while net earnings were 42.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor but Return on Equity (ROE) was 142.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. 29842-M ApS's liquidity measured by quick ratio was 3.1 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.