PRAXIS HERNING A/S — Credit Rating and Financial Key Figures

PRAXIS HERNING A/S (CVR number: 18622130) is a company from HERNING. The company recorded a gross profit of 9213.8 kDKK in 2023. The operating profit was 3517.5 kDKK, while net earnings were 2993.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.2 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. PRAXIS HERNING A/S's liquidity measured by quick ratio was 2 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.