Saltgade 13 A/S — Credit Rating and Financial Key Figures

Saltgade 13 A/S (CVR number: 45814114) is a company from ESBJERG. The company recorded a gross profit of 35.9 mDKK in 2017. The operating profit was -8732 kDKK, while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -71.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.1 %, 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. Saltgade 13 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.