FONDEN ART OF LIVING DANMARK — Credit Rating and Financial Key Figures

FONDEN ART OF LIVING DANMARK (CVR number: 35468269) is a company from GENTOFTE. The company recorded a gross profit of -73.2 kDKK in 2019. The operating profit was -73.2 kDKK, while net earnings were -114.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -46.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. FONDEN ART OF LIVING DANMARK's liquidity measured by quick ratio was 2.7 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.