ANDCO A/S — Credit Rating and Financial Key Figures

ANDCO A/S (CVR number: 21705535) is a company from KØBENHAVN. The company reported a net sales of 145.3 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 8.5 mDKK), while net earnings were 6232.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ANDCO A/S's liquidity measured by quick ratio was 1.6 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.