Pure Energy Development A/S — Credit Rating and Financial Key Figures

Pure Energy Development A/S (CVR number: 37320943) is a company from SILKEBORG. The company recorded a gross profit of -24.4 kDKK in 2022. The operating profit was -24.4 kDKK, while net earnings were 1576.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 191 %, which can be considered excellent and Return on Equity (ROE) was 7649.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.9 %, 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. Pure Energy Development A/S's liquidity measured by quick ratio was 0.2 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.