VOGNMAND MICHAEL MUNCH A/S — Credit Rating and Financial Key Figures

VOGNMAND MICHAEL MUNCH A/S (CVR number: 32569188) is a company from FAXE. The company recorded a gross profit of 3473.3 kDKK in 2017. The operating profit was 401.2 kDKK, while net earnings were 198.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20 %, 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. VOGNMAND MICHAEL MUNCH A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.