SUMMIT HOLDING ApS — Credit Rating and Financial Key Figures

SUMMIT HOLDING ApS (CVR number: 31072425) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -8.3 kDKK in 2023. The operating profit was -8.3 kDKK, while net earnings were 139.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. SUMMIT HOLDING ApS's liquidity measured by quick ratio was 19.2 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.