Andelsselskabet af 5. november — Credit Rating and Financial Key Figures

Andelsselskabet af 5. november (CVR number: 38476114K) is a company from ESBJERG. The company reported a net sales of 3742.3 mDKK in 2017, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 239.2 mDKK), while net earnings were 382.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. Andelsselskabet af 5. november's liquidity measured by quick ratio was 2.8 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.