9ALTITUDES-ECONOCAP A/S — Credit Rating and Financial Key Figures

9ALTITUDES-ECONOCAP A/S (CVR number: 27434002) is a company from KOLDING. The company recorded a gross profit of 18.1 mDKK in 2023. The operating profit was 4544.1 kDKK, while net earnings were 3795.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 62.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 9ALTITUDES-ECONOCAP A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.