ASCOT TRADING A/S — Credit Rating and Financial Key Figures

ASCOT TRADING A/S (CVR number: 87557928) is a company from HØRSHOLM. The company recorded a gross profit of -5.7 kDKK in 2019. The operating profit was -5.7 kDKK, while net earnings were -62.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ASCOT TRADING A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.