Buraq Køreskole ApS — Credit Rating and Financial Key Figures

Buraq Køreskole ApS (CVR number: 40659188) is a company from ALBERTSLUND. The company recorded a gross profit of 476.8 kDKK in 2023. The operating profit was -135.3 kDKK, while net earnings were -105.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.1 %, which can be considered poor and Return on Equity (ROE) was -79 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Buraq Køreskole ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.