CHINA DELIGHT ApS — Credit Rating and Financial Key Figures

CHINA DELIGHT ApS (CVR number: 36533021) is a company from VARDE. The company recorded a gross profit of 816.6 kDKK in 2019. The operating profit was -97.7 kDKK, while net earnings were -62.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CHINA DELIGHT 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.