SCANDIAPACK ApS — Credit Rating and Financial Key Figures

SCANDIAPACK ApS (CVR number: 20176105) is a company from GENTOFTE. The company recorded a gross profit of 6164 kDKK in 2018. The operating profit was 4856.1 kDKK, while net earnings were 3552.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.4 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDIAPACK ApS's liquidity measured by quick ratio was 2.4 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.