Ignite Studio ApS — Credit Rating and Financial Key Figures

Ignite Studio ApS (CVR number: 38014420) is a company from HOLBÆK. The company recorded a gross profit of 118.3 kDKK in 2020. The operating profit was 95.9 kDKK, while net earnings were 74.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.9 %, which can be considered excellent and Return on Equity (ROE) was 68.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. Ignite Studio ApS's liquidity measured by quick ratio was 4 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.