AAGE DAMGAARD ApS — Credit Rating and Financial Key Figures

AAGE DAMGAARD ApS (CVR number: 75148712K) is a company from HERNING. The company recorded a gross profit of 38.9 mDKK in 2024. The operating profit was -933 kDKK, while net earnings were 6149 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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. AAGE DAMGAARD ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.