Fonden Jernstøberiet, Asaa-Vores Kulturfabrik — Credit Rating and Financial Key Figures

Fonden Jernstøberiet, Asaa-Vores Kulturfabrik (CVR number: 41849630) is a company from Brønderslev. The company recorded a gross profit of -42.9 kDKK in 2023. The operating profit was -58.4 kDKK, while net earnings were -58 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. Fonden Jernstøberiet, Asaa-Vores Kulturfabrik's liquidity measured by quick ratio was 1.1 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.