VVS-FIRMAET MAX ENGGAARD A/S — Credit Rating and Financial Key Figures

VVS-FIRMAET MAX ENGGAARD A/S (CVR number: 31300088) is a company from ODENSE. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 1326.9 kDKK, while net earnings were 999 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VVS-FIRMAET MAX ENGGAARD A/S's liquidity measured by quick ratio was 3.3 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.