Selskabet af 20/11 2023 A/S — Credit Rating and Financial Key Figures

Selskabet af 20/11 2023 A/S (CVR number: 21829579) is a company from VARDE. The company recorded a gross profit of -35.6 kDKK in 2022. The operating profit was -137.1 kDKK, while net earnings were -116.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Selskabet af 20/11 2023 A/S's liquidity measured by quick ratio was 7.9 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.