PASSAT ENERGY A/S — Credit Rating and Financial Key Figures

PASSAT ENERGY A/S (CVR number: 34709629) is a company from VIBORG. The company recorded a gross profit of 3032 kDKK in 2016. The operating profit was -4449 kDKK, while net earnings were -5373 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.5 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PASSAT ENERGY A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.