ALGADE 24 ApS — Credit Rating and Financial Key Figures

ALGADE 24 ApS (CVR number: 36552824) is a company from ODSHERRED. The company recorded a gross profit of -22.2 kDKK in 2020. The operating profit was -245.7 kDKK, while net earnings were 33.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ALGADE 24 ApS's liquidity measured by quick ratio was 1.9 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.