Indodane Construction ApS — Credit Rating and Financial Key Figures

Indodane Construction ApS (CVR number: 38038273) is a company from VALLENSBÆK. The company recorded a gross profit of 622 kDKK in 2023. The operating profit was 16.7 kDKK, while net earnings were 7.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Indodane Construction ApS's liquidity measured by quick ratio was 2.2 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.