Engvej ApS — Credit Rating and Financial Key Figures

Engvej ApS (CVR number: 39388650) is a company from AALBORG. The company recorded a gross profit of 121.1 kDKK in 2023. The operating profit was 4209.3 kDKK, while net earnings were 3192.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.3 %, which can be considered excellent and Return on Equity (ROE) was 54.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Engvej ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.