Aairport Festival ApS — Credit Rating and Financial Key Figures

Aairport Festival ApS (CVR number: 40553053) is a company from AALBORG. The company recorded a gross profit of 383.1 kDKK in 2021. The operating profit was -1033.6 kDKK, while net earnings were -1133.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.4 %, which can be considered poor and Return on Equity (ROE) was -93.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -92.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Aairport Festival ApS's liquidity measured by quick ratio was 1.4 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.