FORENINGEN EUROPEAN RETAIL — Credit Rating and Financial Key Figures

FORENINGEN EUROPEAN RETAIL (CVR number: 27492797K) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2016. The operating profit was -2817 kDKK, while net earnings were -236 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1839 %, which can be considered excellent but Return on Equity (ROE) was -1685.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -94.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FORENINGEN EUROPEAN RETAIL's liquidity measured by quick ratio was 0 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.