Brade Lubricant & Solutions ApS — Credit Rating and Financial Key Figures

Brade Lubricant & Solutions ApS (CVR number: 39270455) is a company from GREVE. The company recorded a gross profit of 435 kDKK in 2023. The operating profit was 265.8 kDKK, while net earnings were 206.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -13.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Brade Lubricant & Solutions ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.