Forpagtningsselskabet af 29.05.2020 A/S — Credit Rating and Financial Key Figures

Forpagtningsselskabet af 29.05.2020 A/S (CVR number: 10354331) is a company from AARHUS. The company recorded a gross profit of 6386.6 kDKK in 2018. The operating profit was 778.2 kDKK, while net earnings were 460.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. Forpagtningsselskabet af 29.05.2020 A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.