Denmark CRRC Tangshan Locomotive & Rolling Stock Service ApS — Credit Rating and Financial Key Figures

Denmark CRRC Tangshan Locomotive & Rolling Stock Service ApS (CVR number: 38402544) is a company from KØBENHAVN. The company recorded a gross profit of -408.4 kDKK in 2018. The operating profit was -2007.7 kDKK, while net earnings were -2211.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.3 %, which can be considered poor and Return on Equity (ROE) was -68.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. Denmark CRRC Tangshan Locomotive & Rolling Stock Service ApS's liquidity measured by quick ratio was 3.9 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.