Søndergade 2 Kolding ApS — Credit Rating and Financial Key Figures

Søndergade 2 Kolding ApS (CVR number: 37219371) is a company from KOLDING. The company recorded a gross profit of 404.3 kDKK in 2022. The operating profit was -695.7 kDKK, while net earnings were -579.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. Søndergade 2 Kolding ApS's liquidity measured by quick ratio was 2.8 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.