Solbjerg Algerens ApS — Credit Rating and Financial Key Figures

Solbjerg Algerens ApS (CVR number: 29154066) is a company from AARHUS. The company recorded a gross profit of -3.5 kDKK in 2019. The operating profit was -7.9 kDKK, while net earnings were -8.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. Solbjerg Algerens ApS's liquidity measured by quick ratio was 4.6 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.