EJENDOMSSELSKABET FORMERVANGEN 18 ApS — Credit Rating and Financial Key Figures

EJENDOMSSELSKABET FORMERVANGEN 18 ApS (CVR number: 29211930) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 397.3 kDKK in 2023. The operating profit was 697.3 kDKK, while net earnings were 351.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSSELSKABET FORMERVANGEN 18 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.