Svendborg Auktionerne ApS — Credit Rating and Financial Key Figures

Svendborg Auktionerne ApS (CVR number: 36909358) is a company from SVENDBORG. The company recorded a gross profit of 2181.3 kDKK in 2023. The operating profit was 160 kDKK, while net earnings were 124.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. Svendborg Auktionerne ApS'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.