selskabet af 29 oktober A/s

selskabet af 29 oktober A/s (CVR number: 27582192) is a company from NORDDJURS. The company recorded a gross profit of 6934.8 kDKK in 2018. The operating profit was 3401.1 kDKK, while net earnings were 1531.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. selskabet af 29 oktober A/s's liquidity measured by quick ratio was 0.2 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.