ASSA ABLOY ENTRANCE SYSTEMS DENMARK A/S

ASSA ABLOY ENTRANCE SYSTEMS DENMARK A/S (CVR number: 54055412) is a company from MARIAGERFJORD. The company reported a net sales of 392 mDKK in 2023, demonstrating a growth of 26 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 19.2 mDKK), while net earnings were 22.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. ASSA ABLOY ENTRANCE SYSTEMS DENMARK A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.