Family Shoes ApS — Credit Rating and Financial Key Figures

Family Shoes ApS (CVR number: 40466487) is a company from Høje-Taastrup. The company recorded a gross profit of 302.9 kDKK in 2019. The operating profit was 187.7 kDKK, while net earnings were 146.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 77.5 %, which can be considered excellent and Return on Equity (ROE) was 78.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. Family Shoes ApS's liquidity measured by quick ratio was 4.3 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.