Kaare Madsen ApS — Credit Rating and Financial Key Figures

Kaare Madsen ApS (CVR number: 33585748) is a company from AARHUS. The company recorded a gross profit of 1264.3 kDKK in 2023. The operating profit was 1260.3 kDKK, while net earnings were 2475.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kaare Madsen ApS's liquidity measured by quick ratio was 10 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.