Davidsen Hørecenter ApS — Credit Rating and Financial Key Figures

Davidsen Hørecenter ApS (CVR number: 42532835) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 797.5 kDKK, while net earnings were 499.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.2 %, which can be considered excellent and Return on Equity (ROE) was 115.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. Davidsen Hørecenter ApS's liquidity measured by quick ratio was 1.4 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.