HERM. RASMUSSEN A/S MALERFORRETNING

HERM. RASMUSSEN A/S MALERFORRETNING (CVR number: 13776970) is a company from SILKEBORG. The company recorded a gross profit of 5824.6 kDKK in 2023. The operating profit was 34.7 kDKK, while net earnings were 15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HERM. RASMUSSEN A/S MALERFORRETNING's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.