ConnectingCultures Aps — Credit Rating and Financial Key Figures

ConnectingCultures Aps (CVR number: 44156121) is a company from KØBENHAVN. The company recorded a gross profit of 1499.6 kDKK in 2023. The operating profit was 85.4 kDKK, while net earnings were 62.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44 %, 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. ConnectingCultures Aps's liquidity measured by quick ratio was 1.6 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.