FESTIVAL FONDEN AF 2006

FESTIVAL FONDEN AF 2006 (CVR number: 29413770) is a company from VEJLE. The company recorded a gross profit of 4220.1 kDKK in 2023. The operating profit was 2453.4 kDKK, while net earnings were 1986.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FESTIVAL FONDEN AF 2006's liquidity measured by quick ratio was 4.8 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.