ÅVÆNGET HERNING ØST ApS — Credit Rating and Financial Key Figures

ÅVÆNGET HERNING ØST ApS (CVR number: 34480478) is a company from AARHUS. The company reported a net sales of 0.9 mDKK in 2021, demonstrating a decline of -24.2 % compared to the previous year. The operating profit percentage was at 123.5 % (EBIT: 1.1 mDKK), while net earnings were 932.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. ÅVÆNGET HERNING ØST ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.