EDC MÆGLERNE IKAST A/S

EDC MÆGLERNE IKAST A/S (CVR number: 26100895) is a company from IKAST-BRANDE. The company recorded a gross profit of 5011.5 kDKK in 2023. The operating profit was 1434.2 kDKK, while net earnings were 1251.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.5 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. EDC MÆGLERNE IKAST A/S's liquidity measured by quick ratio was 2.1 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.