Crescendo Asset Management ApS — Credit Rating and Financial Key Figures

Crescendo Asset Management ApS (CVR number: 30241819) is a company from AARHUS. The company recorded a gross profit of 7522.5 kDKK in 2023. The operating profit was 337.4 kDKK, while net earnings were 266.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 71.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Crescendo Asset Management ApS's liquidity measured by quick ratio was 1.1 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.