FORKID A/S

FORKID A/S (CVR number: 30919165) is a company from AARHUS. The company recorded a gross profit of 52.2 kDKK in 2018. The operating profit was 52.2 kDKK, while net earnings were 40.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 163.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORKID A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.