Ciao Holding ApS — Credit Rating and Financial Key Figures

Ciao Holding ApS (CVR number: 43531336) is a company from THISTED. The company recorded a gross profit of -5.1 kDKK in 2023. The operating profit was -5.1 kDKK, while net earnings were -609.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ciao Holding ApS's liquidity measured by quick ratio was 6.3 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.