Abel Spendabel ApS — Credit Rating and Financial Key Figures

Abel Spendabel ApS (CVR number: 36917725) is a company from ODENSE. The company recorded a gross profit of -45.8 kDKK in 2022. The operating profit was -245.1 kDKK, while net earnings were -255.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -103.9 %, which can be considered poor and Return on Equity (ROE) was -190.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Abel Spendabel ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.