JAEDE HANDEL A/S — Credit Rating and Financial Key Figures

JAEDE HANDEL A/S (CVR number: 14281681) is a company from AALBORG. The company recorded a gross profit of 2835.3 kDKK in 2023. The operating profit was 312.8 kDKK, while net earnings were 308.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. JAEDE HANDEL A/S's liquidity measured by quick ratio was 2 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.