RMS Hvidevare aps — Credit Rating and Financial Key Figures

RMS Hvidevare aps (CVR number: 29829519) is a company from VEJLE. The company recorded a gross profit of 3147.1 kDKK in 2023. The operating profit was 1180.4 kDKK, while net earnings were 887.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36 %, which can be considered excellent and Return on Equity (ROE) was 70 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. RMS Hvidevare aps's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.