ANGEL DISTRIBUTION A/S

ANGEL DISTRIBUTION A/S (CVR number: 21291048) is a company from KØBENHAVN. The company recorded a gross profit of 12 mDKK in 2023. The operating profit was 6824.4 kDKK, while net earnings were 5516.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.8 %, which can be considered excellent and Return on Equity (ROE) was 30.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ANGEL DISTRIBUTION A/S's liquidity measured by quick ratio was 1.3 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.