BIRK & BANG A/S — Credit Rating and Financial Key Figures

BIRK & BANG A/S (CVR number: 31627486) is a company from ODENSE. The company recorded a gross profit of 1057.5 kDKK in 2023. The operating profit was 1035.7 kDKK, while net earnings were 733.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. BIRK & BANG A/S's liquidity measured by quick ratio was 3.1 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.