Vognmand Michael Andersen Brande ApS — Credit Rating and Financial Key Figures

Vognmand Michael Andersen Brande ApS (CVR number: 39668122) is a company from IKAST-BRANDE. The company recorded a gross profit of 8706.9 kDKK in 2024. The operating profit was 3493.6 kDKK, while net earnings were 2746.5 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 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. Vognmand Michael Andersen Brande 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.