Justesen ApS — Credit Rating and Financial Key Figures

Justesen ApS (CVR number: 25099621) is a company from MORSØ. The company recorded a gross profit of 326.2 kDKK in 2023. The operating profit was -61.7 kDKK, while net earnings were -65 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. Justesen ApS's liquidity measured by quick ratio was 2.3 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.