HOUSE APPLIANCES SVENDBORG ApS

HOUSE APPLIANCES SVENDBORG ApS (CVR number: 31884683) is a company from SVENDBORG. The company recorded a gross profit of 4189.5 kDKK in 2023. The operating profit was 811.4 kDKK, while net earnings were 595.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. HOUSE APPLIANCES SVENDBORG ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.