Vang Madsen Ejendomme ApS — Credit Rating and Financial Key Figures

Vang Madsen Ejendomme ApS (CVR number: 42801445) is a company from HERNING. The company recorded a gross profit of 51.5 kDKK in 2023. The operating profit was 41.9 kDKK, while net earnings were 30.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vang Madsen Ejendomme 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.