Jakob Korsager El & Automatik ApS — Credit Rating and Financial Key Figures

Jakob Korsager El & Automatik ApS (CVR number: 41932279) is a company from VEJEN. The company recorded a gross profit of 184.6 kDKK in 2022. The operating profit was 17.5 kDKK, while net earnings were -0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Jakob Korsager El & Automatik ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.