Christmas Design Group ApS — Credit Rating and Financial Key Figures

Christmas Design Group ApS (CVR number: 37086207) is a company from HELSINGØR. The company recorded a gross profit of 50.6 kDKK in 2017. The operating profit was -24.9 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. Christmas Design Group ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.