BAGGESVOGN GODS A/S — Credit Rating and Financial Key Figures

BAGGESVOGN GODS A/S (CVR number: 12954700) is a company from HJØRRING. The company recorded a gross profit of 8229.2 kDKK in 2023. The operating profit was 4724.1 kDKK, while net earnings were 4946.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAGGESVOGN GODS A/S's liquidity measured by quick ratio was 4.5 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.