ABAX DANMARK A/S — Credit Rating and Financial Key Figures

ABAX DANMARK A/S (CVR number: 34054738) is a company from AARHUS. The company recorded a gross profit of 6376.3 kDKK in 2023. The operating profit was -447.2 kDKK, while net earnings were 1039.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ABAX DANMARK A/S's liquidity measured by quick ratio was 0.3 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.