VOGNMAND POUL BIRK RASMUSSEN ApS — Credit Rating and Financial Key Figures

VOGNMAND POUL BIRK RASMUSSEN ApS (CVR number: 19013138) is a company from LANGELAND. The company recorded a gross profit of 2972.1 kDKK in 2023. The operating profit was 526.4 kDKK, while net earnings were 154.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VOGNMAND POUL BIRK RASMUSSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.