ADVANCED STORAGE TECHNOLOGY ApS — Credit Rating and Financial Key Figures

ADVANCED STORAGE TECHNOLOGY ApS (CVR number: 25934008) is a company from ISHØJ. The company recorded a gross profit of 1241.8 kDKK in 2023. The operating profit was 557.9 kDKK, while net earnings were 443 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.9 %, which can be considered excellent and Return on Equity (ROE) was 69 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, 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. ADVANCED STORAGE TECHNOLOGY ApS's liquidity measured by quick ratio was 14.7 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.