WASSARD & SØRENSEN A/S — Credit Rating and Financial Key Figures

WASSARD & SØRENSEN A/S (CVR number: 61674810) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 7537.9 kDKK in 2023. The operating profit was 2536.2 kDKK, while net earnings were 2497.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. WASSARD & SØRENSEN A/S's liquidity measured by quick ratio was 1.8 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.