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 2476.6 kDKK in 2023. The operating profit was 405.4 kDKK, while net earnings were 309.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JOE's Tømrer og Snedkerforretning ApS's liquidity measured by quick ratio was 1.7 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.