Speedcast Denmark A/S — Credit Rating and Financial Key Figures

Speedcast Denmark A/S (CVR number: 32093779) is a company from KØBENHAVN. The company recorded a gross profit of 2103.6 kDKK in 2024. The operating profit was 720.4 kDKK, while net earnings were 2175.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 107.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. Speedcast Denmark A/S's liquidity measured by quick ratio was 1.4 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.