PM Varme ApS — Credit Rating and Financial Key Figures

PM Varme ApS (CVR number: 42035327) is a company from NORDFYNS. The company recorded a gross profit of 568.7 kDKK in 2023. The operating profit was 49.6 kDKK, while net earnings were 11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.6 %, 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. PM Varme 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.