YOUNG LINE. IKAST ApS — Credit Rating and Financial Key Figures

YOUNG LINE. IKAST ApS (CVR number: 73605113) is a company from IKAST-BRANDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. YOUNG LINE. IKAST ApS's liquidity measured by quick ratio was 3.3 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.