CASSØE A/S

CASSØE A/S (CVR number: 26987555) is a company from HERNING. The company recorded a gross profit of 20.6 mDKK in 2023. The operating profit was 11 mDKK, while net earnings were 8683.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 36.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CASSØE A/S's liquidity measured by quick ratio was 4.2 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.