ENGEDAL MØBLER A/S — Credit Rating and Financial Key Figures

ENGEDAL MØBLER A/S (CVR number: 21523631) is a company from IKAST-BRANDE. The company recorded a gross profit of -65.2 kDKK in 2023. The operating profit was -79.8 kDKK, while net earnings were -79.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -102.5 %, which can be considered poor and Return on Equity (ROE) was -133.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. ENGEDAL MØBLER A/S's liquidity measured by quick ratio was 2.2 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.