BOATECH ApS — Credit Rating and Financial Key Figures

BOATECH ApS (CVR number: 75122314) is a company from THISTED. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was 2845.2 kDKK, while net earnings were 2133.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. BOATECH ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.