CAND.PHARM. POVL M. ASSENS FOND — Credit Rating and Financial Key Figures

CAND.PHARM. POVL M. ASSENS FOND (CVR number: 14536604K) is a company from ALBERTSLUND. The company reported a net sales of 285.7 mDKK in 2023, demonstrating a decline of -2.6 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 6.1 mDKK), while net earnings were 8410 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. CAND.PHARM. POVL M. ASSENS FOND'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.