Laceless ApS — Credit Rating and Financial Key Figures

Laceless ApS (CVR number: 37073407) is a company from NYBORG. The company recorded a gross profit of -82.7 kDKK in 2016. The operating profit was -82.7 kDKK, while net earnings were -80.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.8 %, which can be considered poor and Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Laceless ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.