ApS AF 3. DECEMBER 1960 — Credit Rating and Financial Key Figures

ApS AF 3. DECEMBER 1960 (CVR number: 24163814) is a company from HERNING. The company recorded a gross profit of 197.1 kDKK in 2022. The operating profit was -202.9 kDKK, while net earnings were -394.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. ApS AF 3. DECEMBER 1960's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.