9altitudes Denmark A/S — Credit Rating and Financial Key Figures

9altitudes Denmark A/S (CVR number: 27715060) is a company from FAVRSKOV. The company recorded a gross profit of 96.6 mDKK in 2023. The operating profit was 1394 kDKK, while net earnings were 1694.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 9altitudes Denmark A/S's liquidity measured by quick ratio was 1 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.