SECONDCITY A/S

SECONDCITY A/S (CVR number: 36074728) is a company from AARHUS. The company recorded a gross profit of -10 kDKK in 2020. The operating profit was -13 kDKK, while net earnings were -14.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SECONDCITY A/S's liquidity measured by quick ratio was 15.9 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.