PHILIPSEN HOLDING ApS — Credit Rating and Financial Key Figures

PHILIPSEN HOLDING ApS (CVR number: 25209621) is a company from HJØRRING. The company recorded a gross profit of -67.5 kDKK in 2023. The operating profit was -163.5 kDKK, while net earnings were 2361.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PHILIPSEN HOLDING ApS's liquidity measured by quick ratio was 4.8 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.