K/S Veddum Kær Laug — Credit Rating and Financial Key Figures

K/S Veddum Kær Laug (CVR number: 41508191) is a company from MARIAGERFJORD. The company recorded a gross profit of 9514.8 kDKK in 2023. The operating profit was 7209 kDKK, while net earnings were 6078.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. K/S Veddum Kær Laug's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.