FOAM KING DANMARK ApS — Credit Rating and Financial Key Figures

FOAM KING DANMARK ApS (CVR number: 36053208) is a company from SVENDBORG. The company recorded a gross profit of 337.2 kDKK in 2018. The operating profit was 122.1 kDKK, while net earnings were 36.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, 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. FOAM KING DANMARK ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.