SOL-FARAH HELHEDENS CIRKEL ApS — Credit Rating and Financial Key Figures

SOL-FARAH HELHEDENS CIRKEL ApS (CVR number: 34897190) is a company from KØGE. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 29.1 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 0 mDKK), while net earnings were 14.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -25.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOL-FARAH HELHEDENS CIRKEL ApS's liquidity measured by quick ratio was 0.4 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.