Digital Fireworks ApS — Credit Rating and Financial Key Figures

Digital Fireworks ApS (CVR number: 43695355) is a company from GLADSAXE. The company recorded a gross profit of 1003.2 kDKK in 2023. The operating profit was 223.3 kDKK, while net earnings were 168.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 67.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Digital Fireworks 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.