White Avenue Group A/S — Credit Rating and Financial Key Figures

White Avenue Group A/S (CVR number: 37628174) is a company from HEDENSTED. The company recorded a gross profit of 6115.2 kDKK in 2023. The operating profit was 1428.2 kDKK, while net earnings were 72.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. White Avenue Group A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.