Ejendomsanpartsselskabet Vestergade 18 — Credit Rating and Financial Key Figures

Ejendomsanpartsselskabet Vestergade 18 (CVR number: 39790416) is a company from THISTED. The company recorded a gross profit of 707.2 kDKK in 2023. The operating profit was 707.2 kDKK, while net earnings were 435.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. Ejendomsanpartsselskabet Vestergade 18's liquidity measured by quick ratio was 2.2 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.