El-installatør Flemming Simonsen ApS — Credit Rating and Financial Key Figures

El-installatør Flemming Simonsen ApS (CVR number: 39210770) is a company from VEJLE. The company recorded a gross profit of 307.9 kDKK in 2023. The operating profit was -75.9 kDKK, while net earnings were -62.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.5 %, which can be considered poor and Return on Equity (ROE) was -66.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. El-installatør Flemming Simonsen ApS's liquidity measured by quick ratio was 1.4 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.