RAGNAR URE OG JUVELER A/S — Credit Rating and Financial Key Figures

RAGNAR URE OG JUVELER A/S (CVR number: 24554619) is a company from ODENSE. The company recorded a gross profit of 17.6 mDKK in 2023. The operating profit was 12.2 mDKK, while net earnings were 9360.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.2 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. RAGNAR URE OG JUVELER A/S'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.