ALBUM-IT ApS — Credit Rating and Financial Key Figures

ALBUM-IT ApS (CVR number: 10373131) is a company from KØBENHAVN. The company recorded a gross profit of -4.7 kDKK in 2016. The operating profit was -4.7 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. ALBUM-IT ApS's liquidity measured by quick ratio was 3.8 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.