Sandgaard Optik ApS — Credit Rating and Financial Key Figures

Sandgaard Optik ApS (CVR number: 36563915) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 413.6 kDKK in 2023. The operating profit was -50.7 kDKK, while net earnings were -39.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. Sandgaard Optik ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.