Scankab Cables A/S — Credit Rating and Financial Key Figures

Scankab Cables A/S (CVR number: 40666788) is a company from ASSENS. The company recorded a gross profit of 29 mDKK in 2023. The operating profit was 20.2 mDKK, while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Scankab Cables A/S's liquidity measured by quick ratio was 3.2 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.