BLIKKENSLAGER PALLE RASMUSSEN ApS — Credit Rating and Financial Key Figures

BLIKKENSLAGER PALLE RASMUSSEN ApS (CVR number: 28855621) is a company from LANGELAND. The company recorded a gross profit of 80.7 kDKK in 2023. The operating profit was 51.8 kDKK, while net earnings were 15.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -3.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. BLIKKENSLAGER PALLE RASMUSSEN ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.