SOLO ÅLBORG BY ApS — Credit Rating and Financial Key Figures

SOLO ÅLBORG BY ApS (CVR number: 25728726) is a company from VARDE. The company recorded a gross profit of 846.9 kDKK in 2017. The operating profit was -231 kDKK, while net earnings were -223.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -39.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SOLO ÅLBORG BY ApS's liquidity measured by quick ratio was 1.5 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.