CERAMICSPEED BEARINGS A/S — Credit Rating and Financial Key Figures

CERAMICSPEED BEARINGS A/S (CVR number: 31623138) is a company from HOLSTEBRO. The company recorded a gross profit of 4012 kDKK in 2023. The operating profit was 270 kDKK, while net earnings were 236 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. CERAMICSPEED BEARINGS A/S's liquidity measured by quick ratio was 1.4 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.