RODE ApS — Credit Rating and Financial Key Figures

RODE ApS (CVR number: 29225524) is a company from KØGE. The company recorded a gross profit of 2255.9 kDKK in 2023. The operating profit was 35.1 kDKK, while net earnings were 76.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. RODE ApS's liquidity measured by quick ratio was 4.1 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.