Aktieselskabet af 20.11.2018 — Credit Rating and Financial Key Figures

Aktieselskabet af 20.11.2018 (CVR number: 38443348) is a company from AARHUS. The company recorded a gross profit of 2278.8 kDKK in 2017. The operating profit was 686.8 kDKK, while net earnings were 535.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 51.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aktieselskabet af 20.11.2018's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.