Armand ApS — Credit Rating and Financial Key Figures

Armand ApS (CVR number: 28863918) is a company from KØBENHAVN. The company recorded a gross profit of 1148.3 kDKK in 2023. The operating profit was -566.4 kDKK, while net earnings were -554.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.4 %, which can be considered poor and Return on Equity (ROE) was -48 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. Armand ApS's liquidity measured by quick ratio was 3.6 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.