AVERY DENNISON SCANDINAVIA ApS — Credit Rating and Financial Key Figures

AVERY DENNISON SCANDINAVIA ApS (CVR number: 18795515) is a company from Høje-Taastrup. The company reported a net sales of 42.4 mDKK in 2023, demonstrating a decline of -8 % compared to the previous year. The operating profit percentage was at 30 % (EBIT: 12.7 mDKK), while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.4 %, which can be considered excellent and Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AVERY DENNISON SCANDINAVIA ApS's liquidity measured by quick ratio was 8.8 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.