GERMAN HIGH STREET PROPERTIES A/S — Credit Rating and Financial Key Figures

GERMAN HIGH STREET PROPERTIES A/S (CVR number: 30691644) is a company from GENTOFTE. The company reported a net sales of 0.3 mEUR in 2020, demonstrating a decline of -19.2 % compared to the previous year. The operating profit percentage was poor at -2116.4 % (EBIT: -6.3 mEUR), while net earnings were -6193 kEUR. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GERMAN HIGH STREET PROPERTIES A/S's liquidity measured by quick ratio was 0.1 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.