VESTHIMMERLAND - PROCYCLING ApS — Credit Rating and Financial Key Figures

VESTHIMMERLAND - PROCYCLING ApS (CVR number: 31870224) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 206.8 kDKK in 2021. The operating profit was 206.8 kDKK, while net earnings were 157.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 102 %, which can be considered excellent and Return on Equity (ROE) was 292.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, 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. VESTHIMMERLAND - PROCYCLING ApS's liquidity measured by quick ratio was 1.2 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.