CENGER SCANDINAVIA A/S

CENGER SCANDINAVIA A/S (CVR number: 26658683) is a company from HEDENSTED. The company recorded a gross profit of 10.3 mDKK in 2023. The operating profit was 2577 kDKK, while net earnings were 1708.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. CENGER SCANDINAVIA A/S's liquidity measured by quick ratio was 5.5 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.