VOGNMANDSFIRMAET N.C. CHRISTENSEN OG SØNNER A/S — Credit Rating and Financial Key Figures

VOGNMANDSFIRMAET N.C. CHRISTENSEN OG SØNNER A/S (CVR number: 17377205) is a company from THISTED. The company recorded a gross profit of 8504.6 kDKK in 2023. The operating profit was 3612.3 kDKK, while net earnings were 2832.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. VOGNMANDSFIRMAET N.C. CHRISTENSEN OG SØNNER A/S's liquidity measured by quick ratio was 1.2 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.