Handelsselskabet Engberg ApS — Credit Rating and Financial Key Figures

Handelsselskabet Engberg ApS (CVR number: 43966057) is a company from VEJLE. The company recorded a gross profit of 168.9 kDKK in 2023. The operating profit was 5 kDKK, while net earnings were 3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. Handelsselskabet Engberg 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.