VOGNMAND MICHAEL BACH ApS — Credit Rating and Financial Key Figures

VOGNMAND MICHAEL BACH ApS (CVR number: 28665164) is a company from RANDERS. The company recorded a gross profit of 924.8 kDKK in 2023. The operating profit was 235.4 kDKK, while net earnings were 174 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VOGNMAND MICHAEL BACH ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.