ØRBÆK AUTOFORRETNING A/S

ØRBÆK AUTOFORRETNING A/S (CVR number: 20943084) is a company from NYBORG. The company recorded a gross profit of 7752.9 kDKK in 2023. The operating profit was 849.9 kDKK, while net earnings were 615.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ØRBÆK AUTOFORRETNING A/S's liquidity measured by quick ratio was 1.2 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.