Morfars snedker/tømrerforretning ApS — Credit Rating and Financial Key Figures

Morfars snedker/tømrerforretning ApS (CVR number: 40978666) is a company from VORDINGBORG. The company recorded a gross profit of 477.7 kDKK in 2023. The operating profit was -91 kDKK, while net earnings were -71.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.7 %, which can be considered poor and Return on Equity (ROE) was -30.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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. Morfars snedker/tømrerforretning ApS's liquidity measured by quick ratio was 1.3 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.