Excite ApS — Credit Rating and Financial Key Figures

Excite ApS (CVR number: 44621142) is a company from VEJLE. The company reported a net sales of 0.4 mDKK in 2024. The operating profit percentage was poor at -20.4 % (EBIT: -0.1 mDKK), while net earnings were -75.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -84.2 %, which can be considered poor and Return on Equity (ROE) was -145.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Excite ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.