Selskabet 20.09.2019 A/S — Credit Rating and Financial Key Figures

Selskabet 20.09.2019 A/S (CVR number: 52982510) is a company from VEJEN. The company recorded a gross profit of 8086.4 kDKK in 2018. The operating profit was 1252.8 kDKK, while net earnings were 309 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 19.8 %, 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. Selskabet 20.09.2019 A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.