ARGO FODPLEJE ARTIKLER A/S — Credit Rating and Financial Key Figures

ARGO FODPLEJE ARTIKLER A/S (CVR number: 31575982) is a company from SKANDERBORG. The company recorded a gross profit of 2436.4 kDKK in 2023. The operating profit was 575.6 kDKK, while net earnings were 378.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. ARGO FODPLEJE ARTIKLER A/S's liquidity measured by quick ratio was 0.2 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.