Selskabet af 8.10.2019 ApS

Selskabet af 8.10.2019 ApS (CVR number: 33501307) is a company from VARDE. The company recorded a gross profit of 1669.6 kDKK in 2018. The operating profit was 97 kDKK, while net earnings were 59.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.9 %, 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 af 8.10.2019 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.