ALBÆK VOGNMANDSFORRETNING ApS — Credit Rating and Financial Key Figures

ALBÆK VOGNMANDSFORRETNING ApS (CVR number: 20746378) is a company from RANDERS. The company recorded a gross profit of 2265.7 kDKK in 2023. The operating profit was 361.3 kDKK, while net earnings were 185.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 42.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20 %, 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. ALBÆK VOGNMANDSFORRETNING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.