Brande Vandrehjem Aps. — Credit Rating and Financial Key Figures

Brande Vandrehjem Aps. (CVR number: 40050175) is a company from IKAST-BRANDE. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 17.5 % (EBIT: 0.3 mDKK), while net earnings were 226.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. Brande Vandrehjem Aps.'s liquidity measured by quick ratio was 2.4 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.