SUNTHERM ApS — Credit Rating and Financial Key Figures

SUNTHERM ApS (CVR number: 36439246) is a company from SKIVE. The company recorded a gross profit of 1296.5 kDKK in 2019. The operating profit was -2958.2 kDKK, while net earnings were -2868.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.8 %, which can be considered poor and Return on Equity (ROE) was -41.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SUNTHERM ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.