TØMRER- OG SNEDKERMESTER FLEMMING DAMGAARD ApS

TØMRER- OG SNEDKERMESTER FLEMMING DAMGAARD ApS (CVR number: 14352600) is a company from VARDE. The company recorded a gross profit of 28.3 kDKK in 2022. The operating profit was 28.3 kDKK, while net earnings were 119.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 74.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TØMRER- OG SNEDKERMESTER FLEMMING DAMGAARD ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.