Aktieselskabet af 29.08.2019 — Credit Rating and Financial Key Figures

Aktieselskabet af 29.08.2019 (CVR number: 40528318) is a company from TØNDER. The company recorded a gross profit of 1169.6 kDKK in 2024. The operating profit was 1162.1 kDKK, while net earnings were 972.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, 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. Aktieselskabet af 29.08.2019's liquidity measured by quick ratio was 217.2 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.