Painters ApS — Credit Rating and Financial Key Figures

Painters ApS (CVR number: 43446460) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 5347.6 kDKK in 2023. The operating profit was -305.3 kDKK, while net earnings were -344.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.6 %, which can be considered poor and Return on Equity (ROE) was -33.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Painters ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.