Vestergades Bageri ApS — Credit Rating and Financial Key Figures

Vestergades Bageri ApS (CVR number: 38697153) is a company from THISTED. The company recorded a gross profit of 7524.7 kDKK in 2024. The operating profit was 1093.2 kDKK, while net earnings were 814.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.9 %, which can be considered excellent and Return on Equity (ROE) was 136.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. Vestergades Bageri ApS'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.