Wedsgaard Byg ApS — Credit Rating and Financial Key Figures

Wedsgaard Byg ApS (CVR number: 40751289) is a company from AALBORG. The company recorded a gross profit of 1407.6 kDKK in 2023. The operating profit was 58.9 kDKK, while net earnings were 28.7 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 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -4.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Wedsgaard Byg ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.