AKTIESELSKABET AF 29. APRIL 1889 — Credit Rating and Financial Key Figures

AKTIESELSKABET AF 29. APRIL 1889 (CVR number: 22705814) is a company from HØRSHOLM. The company recorded a gross profit of 1703.9 kDKK in 2024. The operating profit was 9300.3 kDKK, while net earnings were 7106.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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.