VANGGAARD FONDEN

VANGGAARD FONDEN (CVR number: 11713645K) is a company from FREDERIKSHAVN. The company reported a net sales of 487 mDKK in 2023, demonstrating a growth of 68.9 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 21.6 mDKK), while net earnings were 8436.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VANGGAARD FONDEN's liquidity measured by quick ratio was 4.9 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.