Øst Handle ApS — Credit Rating and Financial Key Figures

Øst Handle ApS (CVR number: 37455636) is a company from RINGSTED. The company recorded a gross profit of -14.3 kDKK in 2016. The operating profit was -14.7 kDKK, while net earnings were -18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.3 %, which can be considered poor and Return on Equity (ROE) was -57.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Øst Handle ApS's liquidity measured by quick ratio was 3.1 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.