BRAAD2020 APS — Credit Rating and Financial Key Figures

BRAAD2020 APS (CVR number: 41997044) is a company from AALBORG. The company recorded a gross profit of -420 kDKK in 2023. The operating profit was -420 kDKK, while net earnings were 77.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BRAAD2020 APS's liquidity measured by quick ratio was 0.4 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.