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 224.2 kDKK in 2024. The operating profit was 67.5 kDKK, while net earnings were 46.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -26.3 %. 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.