Challenge ApS — Credit Rating and Financial Key Figures

Challenge ApS (CVR number: 43428675) is a company from KØBENHAVN. The company recorded a gross profit of -1127.1 kDKK in 2023. The operating profit was -3661.9 kDKK, while net earnings were -3834.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.6 %, which can be considered poor and Return on Equity (ROE) was -290.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Challenge ApS's liquidity measured by quick ratio was 2.8 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.