SETNES ApS — Credit Rating and Financial Key Figures

SETNES ApS (CVR number: 32765645) is a company from RUDERSDAL. The company recorded a gross profit of 8.8 kDKK in 2023. The operating profit was 8.8 kDKK, while net earnings were -16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. SETNES ApS's liquidity measured by quick ratio was 2.2 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.