Air Store Holding ApS — Credit Rating and Financial Key Figures

Air Store Holding ApS (CVR number: 36712597) is a company from KØBENHAVN. The company recorded a gross profit of 1201 kDKK in 2023. The operating profit was 759.5 kDKK, while net earnings were 1367.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 59.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. Air Store Holding ApS's liquidity measured by quick ratio was 0.5 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.