A/B AUGUSTAGADE 29-31 A/S — Credit Rating and Financial Key Figures

A/B AUGUSTAGADE 29-31 A/S (CVR number: 87008614) is a company from KØBENHAVN. The company recorded a gross profit of 670.9 kDKK in 2023. The operating profit was -220.2 kDKK, while net earnings were -198 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.6 %, 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. A/B AUGUSTAGADE 29-31 A/S's liquidity measured by quick ratio was 3.8 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.