ARMADAN A/S

ARMADAN A/S (CVR number: 16920436) is a company from BALLERUP. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 5367.8 kDKK, while net earnings were 4116.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. ARMADAN A/S's liquidity measured by quick ratio was 7.4 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.