TULIPANEN ApS — Credit Rating and Financial Key Figures

TULIPANEN ApS (CVR number: 34088500) is a company from GENTOFTE. The company recorded a gross profit of -3 kDKK in 2017. The operating profit was -3 kDKK, while net earnings were -5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TULIPANEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.