ADVANCED SUBSTRATE TECHNOLOGIES A/S

ADVANCED SUBSTRATE TECHNOLOGIES A/S (CVR number: 32350143) is a company from RANDERS. The company recorded a gross profit of 903.1 kDKK in 2023. The operating profit was -379.8 kDKK, while net earnings were -1869.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18 %, which can be considered poor and Return on Equity (ROE) was -56.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ADVANCED SUBSTRATE TECHNOLOGIES A/S's liquidity measured by quick ratio was 1.7 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.