ABSOLUTE LIQUID SOLUTIONS ApS — Credit Rating and Financial Key Figures

ABSOLUTE LIQUID SOLUTIONS ApS (CVR number: 36407522) is a company from ODENSE. The company recorded a gross profit of -35.8 kDKK in 2020. The operating profit was -35.9 kDKK, while net earnings were -38.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. ABSOLUTE LIQUID SOLUTIONS ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.