VOGNMAND KNUD E. SØRENSEN ApS — Credit Rating and Financial Key Figures

VOGNMAND KNUD E. SØRENSEN ApS (CVR number: 20971193) is a company from AARHUS. The company recorded a gross profit of 5587.8 kDKK in 2018. The operating profit was 817.4 kDKK, while net earnings were 218.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. 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. VOGNMAND KNUD E. SØRENSEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.