APPLIANCE A/S — Credit Rating and Financial Key Figures

APPLIANCE A/S (CVR number: 26845815) is a company from HILLERØD. The company recorded a gross profit of -10 kDKK in 2018. The operating profit was -10 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. APPLIANCE A/S's liquidity measured by quick ratio was 35.1 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.