ANDERSEN MOTORS A/S

ANDERSEN MOTORS A/S (CVR number: 27295444K) is a company from KØGE. The company reported a net sales of 730.7 mDKK in 2023, demonstrating a growth of 9.7 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 21.9 mDKK), while net earnings were 15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. ANDERSEN MOTORS A/S's liquidity measured by quick ratio was 1.4 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.