HANDBERG FASHION ApS — Credit Rating and Financial Key Figures

HANDBERG FASHION ApS (CVR number: 32295770) is a company from SILKEBORG. The company recorded a gross profit of 1737.8 kDKK in 2018. The operating profit was 437.6 kDKK, while net earnings were 248.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -21.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HANDBERG FASHION ApS'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.