DOWNTOWN ApS — Credit Rating and Financial Key Figures

DOWNTOWN ApS (CVR number: 34736693) is a company from NORDDJURS. The company recorded a gross profit of 9012.4 kDKK in 2021. The operating profit was -3598.9 kDKK, while net earnings were -4219.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.8 %, which can be considered poor and Return on Equity (ROE) was -148.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DOWNTOWN ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.