Aasgaard Rideudstyr ApS — Credit Rating and Financial Key Figures

Aasgaard Rideudstyr ApS (CVR number: 42462101) is a company from NYBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 23.5 % compared to the previous year. The operating profit percentage was at 19.7 % (EBIT: 0 mDKK), while net earnings were 35.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. 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. Aasgaard Rideudstyr 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.