GARMIN DANMARK EJENDOMME ApS — Credit Rating and Financial Key Figures

GARMIN DANMARK EJENDOMME ApS (CVR number: 30520165) is a company from ALLERØD. The company recorded a gross profit of 2346 kDKK in 2023. The operating profit was 2029 kDKK, while net earnings were 1639 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GARMIN DANMARK EJENDOMME ApS's liquidity measured by quick ratio was 3.3 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.