C. Sander R&D ApS — Credit Rating and Financial Key Figures

C. Sander R&D ApS (CVR number: 38415247) is a company from FURESØ. The company recorded a gross profit of -12.5 kDKK in 2018. The operating profit was -15.7 kDKK, while net earnings were -16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. C. Sander R&D ApS's liquidity measured by quick ratio was 4.9 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.