Andersen Electric A/S — Credit Rating and Financial Key Figures

Andersen Electric A/S (CVR number: 40810102) is a company from FREDERIKSHAVN. The company recorded a gross profit of 7868.6 kDKK in 2022. The operating profit was 7816.5 kDKK, while net earnings were 5767.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 98.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. Andersen Electric A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.