Strøget 11, Ikast ApS — Credit Rating and Financial Key Figures

Strøget 11, Ikast ApS (CVR number: 44740362) is a company from HERNING. The company recorded a gross profit of 150 kDKK in 2024. The operating profit was 135.8 kDKK, while net earnings were 74.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 65 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Strøget 11, Ikast ApS's liquidity measured by quick ratio was 11.5 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.