SJØRRING MASKINFABRIK A/S

SJØRRING MASKINFABRIK A/S (CVR number: 73730317) is a company from THISTED. The company recorded a gross profit of 128.5 mDKK in 2023. The operating profit was 18.4 mDKK, while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, 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. SJØRRING MASKINFABRIK A/S's liquidity measured by quick ratio was 1.7 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.