SAFEVENT ApS

SAFEVENT ApS (CVR number: 38999605) is a company from HJØRRING. The company recorded a gross profit of 4284.8 kDKK in 2023. The operating profit was 1071.7 kDKK, while net earnings were 761 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 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35 %, 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. SAFEVENT ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.