DECOTECH A/S — Credit Rating and Financial Key Figures

DECOTECH A/S (CVR number: 31277876) is a company from STRUER. The company recorded a gross profit of 4319.5 kDKK in 2023. The operating profit was 2222.7 kDKK, while net earnings were 1677.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. DECOTECH A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.