Olof Palmes Allé 37-39 ApS — Credit Rating and Financial Key Figures

Olof Palmes Allé 37-39 ApS (CVR number: 37921998) is a company from AARHUS. The company recorded a gross profit of 1679.6 kDKK in 2018, demonstrating a decline of -40.9 % compared to the previous year. The operating profit was 1679.6 kDKK, while net earnings were -73.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Olof Palmes Allé 37-39 ApS's liquidity measured by quick ratio was 1.9 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.