8660 Padel ApS — Credit Rating and Financial Key Figures

8660 Padel ApS (CVR number: 42430358) is a company from SKANDERBORG. The company recorded a gross profit of 1934.9 kDKK in 2023. The operating profit was 1231.4 kDKK, while net earnings were 960.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.6 %, which can be considered excellent and Return on Equity (ROE) was 90 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 8660 Padel ApS's liquidity measured by quick ratio was 0.5 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.