OJT TANKSTORE AALBORG ApS — Credit Rating and Financial Key Figures

OJT TANKSTORE AALBORG ApS (CVR number: 40883851) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 6940.3 kDKK in 2023. The operating profit was 1429.9 kDKK, while net earnings were 38.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 8.4 %, 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. OJT TANKSTORE AALBORG 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.