MERMAID PROPERTIES HOLDCO 1 ApS — Credit Rating and Financial Key Figures

MERMAID PROPERTIES HOLDCO 1 ApS (CVR number: 32939899) is a company from KØBENHAVN. The company recorded a gross profit of -2183 kDKK in 2023. The operating profit was -9544.2 kDKK, while net earnings were -8926.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, 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 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MERMAID PROPERTIES HOLDCO 1 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.