AKTIESELSKABET AF 29. APRIL 1889

AKTIESELSKABET AF 29. APRIL 1889 (CVR number: 22705814) is a company from HØRSHOLM. The company recorded a gross profit of 2468 kDKK in 2023. The operating profit was 739.3 kDKK, while net earnings were 306.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62 %, 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. AKTIESELSKABET AF 29. APRIL 1889's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.