Andelsfisk Bagenkop ApS — Credit Rating and Financial Key Figures

Andelsfisk Bagenkop ApS (CVR number: 31158613) is a company from LANGELAND. The company recorded a gross profit of 148.4 kDKK in 2023. The operating profit was 121.5 kDKK, while net earnings were 66.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. Andelsfisk Bagenkop ApS's liquidity measured by quick ratio was 0.1 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.