Handelsselskabet af den 13. august 2018 ApS — Credit Rating and Financial Key Figures

Handelsselskabet af den 13. august 2018 ApS (CVR number: 38644491) is a company from MORSØ. The company recorded a gross profit of 116.3 kDKK in 2017. The operating profit was 104.2 kDKK, while net earnings were 69.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.1 %, 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. Handelsselskabet af den 13. august 2018 ApS's liquidity measured by quick ratio was 0.1 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.