Asbjørn II Juli 2023 A/S — Credit Rating and Financial Key Figures

Asbjørn II Juli 2023 A/S (CVR number: 36936649) is a company from HJØRRING. The company recorded a gross profit of 83.3 mDKK in 2022. The operating profit was 86 mDKK, while net earnings were 60.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 46.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Asbjørn II Juli 2023 A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.