Banding Strap ApS — Credit Rating and Financial Key Figures

Banding Strap ApS (CVR number: 26890349) is a company from HOLSTEBRO. The company recorded a gross profit of 61.4 kDKK in 2024. The operating profit was 40.3 kDKK, while net earnings were 33.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Banding Strap ApS's liquidity measured by quick ratio was 26.4 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.