SOLO RØDOVRE ApS — Credit Rating and Financial Key Figures

SOLO RØDOVRE ApS (CVR number: 29926794) is a company from VARDE. The company recorded a gross profit of 21 kDKK in 2017. The operating profit was 21 kDKK, while net earnings were 84.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLO RØDOVRE ApS's liquidity measured by quick ratio was 39.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.