Trend Snedkeri A/S — Credit Rating and Financial Key Figures

Trend Snedkeri A/S (CVR number: 38795368) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 6243.4 kDKK in 2023. The operating profit was 1532.3 kDKK, while net earnings were 1075.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 45.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. Trend Snedkeri A/S'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.