ALGOL CHEMICALS ApS — Credit Rating and Financial Key Figures

ALGOL CHEMICALS ApS (CVR number: 28296746) is a company from KØBENHAVN. The company reported a net sales of 36.5 mDKK in 2024, demonstrating a decline of -14.8 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -0.7 mDKK), while net earnings were -1371.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -33.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALGOL CHEMICALS ApS's liquidity measured by quick ratio was 1.5 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.