Asian Corner ApS — Credit Rating and Financial Key Figures

Asian Corner ApS (CVR number: 38802216) is a company from ESBJERG. The company recorded a gross profit of 112.3 kDKK in 2023. The operating profit was 15.4 kDKK, while net earnings were 13.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 55.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -86.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Asian Corner ApS'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.