Ejendomsfonden Artcenter Spritten — Credit Rating and Financial Key Figures

Ejendomsfonden Artcenter Spritten (CVR number: 39732815) is a company from AALBORG. The company recorded a gross profit of 657 kDKK in 2023. The operating profit was 347 kDKK, while net earnings were 544 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was 35.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.4 %, 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. Ejendomsfonden Artcenter Spritten's liquidity measured by quick ratio was 20.4 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.