ALBÆK SANDBLÆSNING ApS — Credit Rating and Financial Key Figures

ALBÆK SANDBLÆSNING ApS (CVR number: 26144264) is a company from HERNING. The company recorded a gross profit of 5650.6 kDKK in 2023. The operating profit was 4869.6 kDKK, while net earnings were 3828.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. ALBÆK SANDBLÆSNING ApS's liquidity measured by quick ratio was 2.3 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.