Astro Danmark IVS

Astro Danmark IVS (CVR number: 36978732) is a company from HØJE TAASTRUP. The company reported a net sales of 0.2 mDKK in 2016. The operating profit percentage was poor at -6.6 % (EBIT: -0 mDKK), while net earnings were -16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.4 %, which can be considered poor and Return on Equity (ROE) was -906.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.5 %, 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. Astro Danmark IVS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.