Prags Boulevard 59 ApS — Credit Rating and Financial Key Figures

Prags Boulevard 59 ApS (CVR number: 39627280) is a company from ODENSE. The company recorded a gross profit of 780.2 kDKK in 2023. The operating profit was 742.2 kDKK, while net earnings were 477.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Prags Boulevard 59 ApS's liquidity measured by quick ratio was 4.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.