AXEL BRØNDUM BOLIGER ApS — Credit Rating and Financial Key Figures

AXEL BRØNDUM BOLIGER ApS (CVR number: 33613717K) is a company from VIBORG. The company reported a net sales of 27.4 mDKK in 2023, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 17.6 % (EBIT: 4.8 mDKK), while net earnings were 6076 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AXEL BRØNDUM BOLIGER ApS's liquidity measured by quick ratio was 2.1 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.