SOLO FREDERIKSHAVN ApS — Credit Rating and Financial Key Figures

SOLO FREDERIKSHAVN ApS (CVR number: 32056865) is a company from VARDE. The company recorded a gross profit of 1051.1 kDKK in 2017. The operating profit was -631.7 kDKK, while net earnings were -670.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.6 %, which can be considered poor and Return on Equity (ROE) was -56.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLO FREDERIKSHAVN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.