Ærø Møbler Holding ApS — Credit Rating and Financial Key Figures

Ærø Møbler Holding ApS (CVR number: 39179377) is a company from ÆRØ. The company recorded a gross profit of -19.5 kDKK in 2023. The operating profit was -19.5 kDKK, while net earnings were 1221.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ærø Møbler Holding ApS's liquidity measured by quick ratio was 12.6 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.