ALEX ANDERSEN ØLUND HOLDING A/S — Credit Rating and Financial Key Figures

ALEX ANDERSEN ØLUND HOLDING A/S (CVR number: 29322937) is a company from ODENSE. The company recorded a gross profit of -194 kDKK in 2023. The operating profit was -194 kDKK, while net earnings were 5606 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. ALEX ANDERSEN ØLUND HOLDING A/S's liquidity measured by quick ratio was 0.2 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.