ADHESIVE HOLDING ApS — Credit Rating and Financial Key Figures

ADHESIVE HOLDING ApS (CVR number: 20030305K) is a company from KOLDING. The company recorded a gross profit of 53.4 mDKK in 2023. The operating profit was 19.2 mDKK, while net earnings were 30.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. ADHESIVE HOLDING ApS's liquidity measured by quick ratio was 5.1 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.