Åby Auto IVS — Credit Rating and Financial Key Figures

Åby Auto IVS (CVR number: 36723378) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 137.9 kDKK in 2016. The operating profit was 128.2 kDKK, while net earnings were 105.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 76.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Åby Auto IVS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.