BANG & OLUFSEN, MÍDDELFART ApS — Credit Rating and Financial Key Figures

BANG & OLUFSEN, MÍDDELFART ApS (CVR number: 10303478) is a company from MIDDELFART. The company recorded a gross profit of -262.1 kDKK in 2022. The operating profit was -969.2 kDKK, while net earnings were -934.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.6 %, which can be considered poor and Return on Equity (ROE) was -37.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.6 %, 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. BANG & OLUFSEN, MÍDDELFART ApS's liquidity measured by quick ratio was 3.9 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.