Saga IX USD K/S — Credit Rating and Financial Key Figures

Saga IX USD K/S (CVR number: 43498630) is a company from KØBENHAVN. The company recorded a gross profit of -574 kUSD in 2023. The operating profit was 2379 kUSD, while net earnings were 1616 kUSD. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. Saga IX USD K/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.