HERBORG TØMRER- OG SNEDKERFORRETNING A/S — Credit Rating and Financial Key Figures

HERBORG TØMRER- OG SNEDKERFORRETNING A/S (CVR number: 24209237) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 4378.4 kDKK in 2023. The operating profit was 1405.2 kDKK, while net earnings were 1094.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. HERBORG TØMRER- OG SNEDKERFORRETNING A/S's liquidity measured by quick ratio was 2.6 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.