JOE's Tømrer og Snedkerforretning ApS — Credit Rating and Financial Key Figures

JOE's Tømrer og Snedkerforretning ApS (CVR number: 40579583) is a company from IKAST-BRANDE. The company recorded a gross profit of 2570.7 kDKK in 2024. The operating profit was 522.9 kDKK, while net earnings were 395.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 34.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. JOE's Tømrer og Snedkerforretning ApS's liquidity measured by quick ratio was 1.5 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.