ALGORHYME A/S — Credit Rating and Financial Key Figures

ALGORHYME A/S (CVR number: 33370881) is a company from REBILD. The company recorded a gross profit of -22.7 kDKK in 2020. The operating profit was -28.5 kDKK, while net earnings were -29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -95.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ALGORHYME A/S's liquidity measured by quick ratio was 5.5 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.