Østhimmerlands Begravelsesforretning ApS — Credit Rating and Financial Key Figures

Østhimmerlands Begravelsesforretning ApS (CVR number: 40932062) is a company from AALBORG. The company recorded a gross profit of 1469.5 kDKK in 2023. The operating profit was 233.7 kDKK, while net earnings were 133.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, 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. Østhimmerlands Begravelsesforretning ApS'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.