SAGA LAX HOLDING ApS — Credit Rating and Financial Key Figures

SAGA LAX HOLDING ApS (CVR number: 33962193K) is a company from HJØRRING. The company recorded a gross profit of 7959 kDKK in 2013. The operating profit was 4402 kDKK, while net earnings were 2668 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 188.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SAGA LAX HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.