ASX09092020 A/S — Credit Rating and Financial Key Figures

ASX09092020 A/S (CVR number: 29206678) is a company from MARIAGERFJORD. The company recorded a gross profit of -7.4 kDKK in 2019. The operating profit was -7.4 kDKK, while net earnings were 145.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. ASX09092020 A/S's liquidity measured by quick ratio was 1.5 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.