FURNITURE TEAM ApS

FURNITURE TEAM ApS (CVR number: 31490057) is a company from DRAGØR. The company recorded a gross profit of 383.2 kDKK in 2023. The operating profit was 63 kDKK, while net earnings were 52.8 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 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. FURNITURE TEAM ApS's liquidity measured by quick ratio was 1.8 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.