Creditshelf Aktiengesellschaft Stock

Upon first glance at the financial statements of Creditshelf, one can observe a company facing some difficulties in terms of financial performance. Although the company has been able to generate revenue, it still struggles with achieving profitability, which could be a source of concern for investors. However, financial statements can only tell us so much, and a thorough analysis of the pros and cons is essential to truly understanding the financial health of the company.

Revenue Growth: Creditshelf has shown a consistent growth in total revenue over the years. Total revenue for the fiscal year 2021 was €7,251,500, and for 2022, it further increased to €6,183,000, indicating that the company is expanding its business.

Stable Gross Profit: The company has maintained a fairly stable gross profit, which indicates that its core business operations are generating a positive contribution towards covering fixed and variable expenses. This is essential for the company to have a chance at eventually reaching profitability.