Asgaard Properties ApS — Credit Rating and Financial Key Figures

Asgaard Properties ApS (CVR number: 10156165) is a company from HALSNÆS. The company recorded a gross profit of 2016.7 kDKK in 2023. The operating profit was 1504.9 kDKK, while net earnings were 738.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Asgaard Properties ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.