88 MILES S.M.B.A — Credit Rating and Financial Key Figures

88 MILES S.M.B.A (CVR number: 35481710) is a company from TÅRNBY. The company recorded a gross profit of -58.8 kDKK in 2023. The operating profit was -58.8 kDKK, while net earnings were -61.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 88 MILES S.M.B.A'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.