Billum Vognmandsforretning Holding ApS — Credit Rating and Financial Key Figures

Billum Vognmandsforretning Holding ApS (CVR number: 40664890) is a company from VARDE. The company recorded a gross profit of -10.9 kDKK in 2022. The operating profit was -10.9 kDKK, while net earnings were 12 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 35.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. Billum Vognmandsforretning Holding 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.