CHOCONORD ApS — Credit Rating and Financial Key Figures

CHOCONORD ApS (CVR number: 34731462) is a company from LEJRE. The company recorded a gross profit of -29.8 kDKK in 2017. The operating profit was 409.6 kDKK, while net earnings were 411.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 107.9 %, which can be considered excellent and Return on Equity (ROE) was 971.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.9 %, 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. CHOCONORD ApS's liquidity measured by quick ratio was 3.4 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.