Payable ApS — Credit Rating and Financial Key Figures

Payable ApS (CVR number: 40860282) is a company from Brønderslev. The company recorded a gross profit of -182 kDKK in 2023. The operating profit was -182 kDKK, while net earnings were -142 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49 %, which can be considered poor and Return on Equity (ROE) was -76 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. Payable 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.