AC1989 ApS — Credit Rating and Financial Key Figures

AC1989 ApS (CVR number: 40104461) is a company from VARDE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 96.9 % compared to the previous year. The operating profit percentage was at 73.9 % (EBIT: 0.1 mDKK), while net earnings were 153.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AC1989 ApS'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.