My Bag Affair ApS — Credit Rating and Financial Key Figures

My Bag Affair ApS (CVR number: 39058626) is a company from GENTOFTE. The company recorded a gross profit of 12.3 kDKK in 2019. The operating profit was 12.3 kDKK, while net earnings were 9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. My Bag Affair ApS'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.