Shisha Launge ApS — Credit Rating and Financial Key Figures

Shisha Launge ApS (CVR number: 36895470) is a company from ESBJERG. The company recorded a gross profit of 41.2 kDKK in 2017. The operating profit was 26.6 kDKK, while net earnings were 16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Shisha Launge ApS's liquidity measured by quick ratio was 1.2 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.