ANGEL HOLDING ApS — Credit Rating and Financial Key Figures

ANGEL HOLDING ApS (CVR number: 24242048) is a company from KOLDING. The company reported a net sales of 0.8 mDKK in 2017. The operating profit percentage was poor at -264 % (EBIT: -2.1 mDKK), while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -29.6 %, which can be considered poor and Return on Equity (ROE) was -77.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -60.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ANGEL HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.