ALGRA HOLDING ApS — Credit Rating and Financial Key Figures

ALGRA HOLDING ApS (CVR number: 32145558) is a company from VARDE. The company recorded a gross profit of -7.8 kDKK in 2019. The operating profit was -7.8 kDKK, while net earnings were -9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALGRA HOLDING ApS's liquidity measured by quick ratio was 2.1 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.