Althea Danmark ApS — Credit Rating and Financial Key Figures

Althea Danmark ApS (CVR number: 39384531) is a company from HERLEV. The company recorded a gross profit of 5228 kDKK in 2023. The operating profit was 4889.3 kDKK, while net earnings were 4790.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 117.4 %, which can be considered excellent and Return on Equity (ROE) was 2657.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -90.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Althea Danmark ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.