AXEL KNUDSEN. MASKINFORRETNING ApS

AXEL KNUDSEN. MASKINFORRETNING ApS (CVR number: 72422619) is a company from MIDDELFART. The company recorded a gross profit of 5326.7 kDKK in 2023. The operating profit was 625 kDKK, while net earnings were 282.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. AXEL KNUDSEN. MASKINFORRETNING ApS's liquidity measured by quick ratio was 2.4 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.