SVEND AAGES VARE-TRANS, NÆSTVED ApS — Credit Rating and Financial Key Figures

SVEND AAGES VARE-TRANS, NÆSTVED ApS (CVR number: 14256407) is a company from NÆSTVED. The company recorded a gross profit of 9302.9 kDKK in 2023. The operating profit was 384.4 kDKK, while net earnings were 223 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 33.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SVEND AAGES VARE-TRANS, NÆSTVED ApS's liquidity measured by quick ratio was 1 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.