MERMAID COPENHAGEN ApS — Credit Rating and Financial Key Figures

MERMAID COPENHAGEN ApS (CVR number: 30199642) is a company from HØRSHOLM. The company recorded a gross profit of 1131.3 kDKK in 2023. The operating profit was 1131.3 kDKK, while net earnings were 1347.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.8 %, which can be considered excellent and Return on Equity (ROE) was 225.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -47.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MERMAID COPENHAGEN ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.