ATE Energy ApS — Credit Rating and Financial Key Figures

ATE Energy ApS (CVR number: 39294516) is a company from SLAGELSE. The company recorded a gross profit of 3810.8 kDKK in 2023. The operating profit was 682.4 kDKK, while net earnings were 564.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 32.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ATE Energy ApS's liquidity measured by quick ratio was 1.3 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.