VOLVO ENTREPRENØRMASKINER A/S

VOLVO ENTREPRENØRMASKINER A/S (CVR number: 20001488) is a company from FREDERICIA. The company reported a net sales of 640.8 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 36.6 mDKK), while net earnings were 24.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. VOLVO ENTREPRENØRMASKINER A/S'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.