The Switch ApS — Credit Rating and Financial Key Figures

The Switch ApS (CVR number: 44167271) is a company from KØBENHAVN. The company recorded a gross profit of -29.2 kDKK in 2024. The operating profit was -175.3 kDKK, while net earnings were -138.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81.3 %, which can be considered poor and Return on Equity (ROE) was -118.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Switch ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.