AAGE TH. A/S — Credit Rating and Financial Key Figures

AAGE TH. A/S (CVR number: 35645438) is a company from KALUNDBORG. The company recorded a gross profit of 142.1 kDKK in 2023. The operating profit was 76.4 kDKK, while net earnings were 31.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. AAGE TH. A/S's liquidity measured by quick ratio was 1.4 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.