Royal Hair ApS — Credit Rating and Financial Key Figures

Royal Hair ApS (CVR number: 38542435K) is a company from ODENSE. The company recorded a gross profit of 189.4 kDKK in 2017. The operating profit was -55.3 kDKK, while net earnings were -63.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Royal Hair ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.