Solvang Brænde ApS

Solvang Brænde ApS (CVR number: 37337927) is a company from LÆSØ. The company recorded a gross profit of 322.8 kDKK in 2022. The operating profit was -0.4 kDKK, while net earnings were 1.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solvang Brænde ApS's liquidity measured by quick ratio was 4 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.