Salicath & Leth ApS — Credit Rating and Financial Key Figures

Salicath & Leth ApS (CVR number: 38831992) is a company from GENTOFTE. The company recorded a gross profit of 304.1 kDKK in 2023. The operating profit was -111.6 kDKK, while net earnings were -112.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.6 %, which can be considered poor and Return on Equity (ROE) was -133.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Salicath & Leth ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.