29-02-2020 ApS — Credit Rating and Financial Key Figures

29-02-2020 ApS (CVR number: 38470221) is a company from GLOSTRUP. The company reported a net sales of 2 mDKK in 2018, demonstrating a growth of -166356 % compared to the previous year. The operating profit percentage was at 18.8 % (EBIT: 0.4 mDKK), while net earnings were 282.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.4 %, which can be considered excellent and Return on Equity (ROE) was 170.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 29-02-2020 ApS'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.