CHOKOLAND A/S

CHOKOLAND A/S (CVR number: 21633119) is a company from STRUER. The company reported a net sales of 1642.1 mDKK in 2023, demonstrating a decline of -2.2 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 21.2 mDKK), while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CHOKOLAND A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.