SAINT-GOBAIN ABRASIVES A/S — Credit Rating and Financial Key Figures

SAINT-GOBAIN ABRASIVES A/S (CVR number: 69931413) is a company from Høje-Taastrup. The company recorded a gross profit of 15.1 mDKK in 2023. The operating profit was 9195.8 kDKK, while net earnings were 7290.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.6 %, which can be considered excellent and Return on Equity (ROE) was 47.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. SAINT-GOBAIN ABRASIVES A/S's liquidity measured by quick ratio was 2.9 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.