A/S VAGN O. ELEKTRONIK. KOLDING — Credit Rating and Financial Key Figures

A/S VAGN O. ELEKTRONIK. KOLDING (CVR number: 37016314) is a company from KOLDING. The company recorded a gross profit of 9741.5 kDKK in 2023. The operating profit was 3321.1 kDKK, while net earnings were 2596 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50 %, which can be considered excellent and Return on Equity (ROE) was 61.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. A/S VAGN O. ELEKTRONIK. KOLDING's liquidity measured by quick ratio was 2.5 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.