Flying Suitcase DK ApS — Credit Rating and Financial Key Figures

Flying Suitcase DK ApS (CVR number: 36908742) is a company from KØGE. The company recorded a gross profit of -8.1 kDKK in 2017. The operating profit was -8.1 kDKK, while net earnings were -8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.3 %, which can be considered poor and Return on Equity (ROE) was -35.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Flying Suitcase DK ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.