Home Towel ApS — Credit Rating and Financial Key Figures

Home Towel ApS (CVR number: 42202630) is a company from FREDERIKSBERG. The company recorded a gross profit of 28.3 kDKK in 2022. The operating profit was 19.7 kDKK, while net earnings were 16.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.4 %, which can be considered excellent and Return on Equity (ROE) was 87 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -12.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Home Towel ApS's liquidity measured by quick ratio was 0 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.