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 -51 kDKK in 2024. The operating profit was -120.4 kDKK, while net earnings were -167.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.2 %, which can be considered poor and Return on Equity (ROE) was -155.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Payable ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.