AAGE DAMGAARD ApS — Credit Rating and Financial Key Figures

AAGE DAMGAARD ApS (CVR number: 75148712) is a company from HERNING. The company recorded a gross profit of -545 kDKK in 2023. The operating profit was -3316 kDKK, while net earnings were -9914 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.