Phoenix Iraqi Partnerships ApS — Credit Rating and Financial Key Figures

Phoenix Iraqi Partnerships ApS (CVR number: 40102868) is a company from VEJEN. The company recorded a gross profit of -15.9 kDKK in 2020. The operating profit was -15.9 kDKK, while net earnings were -16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.6 %, which can be considered poor and Return on Equity (ROE) was -51.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. Phoenix Iraqi Partnerships ApS's liquidity measured by quick ratio was 3.5 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.