DESTINATION HELSINGØR ApS — Credit Rating and Financial Key Figures

DESTINATION HELSINGØR ApS (CVR number: 36078162) is a company from HELSINGØR. The company reported a net sales of 0.2 mDKK in 2018, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0 mDKK), while net earnings were 7.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DESTINATION HELSINGØR ApS's liquidity measured by quick ratio was 0.1 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.