ØLKANALEN ApS

ØLKANALEN ApS (CVR number: 35053166) is a company from KØBENHAVN. The company recorded a gross profit of -46.4 kDKK in 2016. The operating profit was -50.4 kDKK, while net earnings were -61.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1405.7 %, which can be considered poor and Return on Equity (ROE) was -2051.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ØLKANALEN ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.