Sto24 DNK No002 ApS — Credit Rating and Financial Key Figures

Sto24 DNK No002 ApS (CVR number: 38161962K) is a company from KØBENHAVN. The company recorded a gross profit of 1291.6 kDKK in 2019. The operating profit was 1022.8 kDKK, while net earnings were 589.2 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 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Sto24 DNK No002 ApS's liquidity measured by quick ratio was 1.6 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.