CANE-LINE A/S — Credit Rating and Financial Key Figures

CANE-LINE A/S (CVR number: 10658837) is a company from KERTEMINDE. The company recorded a gross profit of 95.4 mDKK in 2023. The operating profit was 64.6 mDKK, while net earnings were 54.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 67.8 %, which can be considered excellent and Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CANE-LINE A/S's liquidity measured by quick ratio was 2.1 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.