CONDOWS ApS — Credit Rating and Financial Key Figures

CONDOWS ApS (CVR number: 31281857) is a company from AALBORG. The company recorded a gross profit of 504.1 kDKK in 2023. The operating profit was 504.1 kDKK, while net earnings were 228.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. CONDOWS ApS's liquidity measured by quick ratio was 13.5 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.