SAFE AIR DIVING A/S — Credit Rating and Financial Key Figures

SAFE AIR DIVING A/S (CVR number: 32147704) is a company from VIBORG. The company recorded a gross profit of 1396.1 kDKK in 2023. The operating profit was 123.9 kDKK, while net earnings were 295.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -19.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SAFE AIR DIVING A/S's liquidity measured by quick ratio was 6.8 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.