ARDEX SKANDINAVIA A/S

ARDEX SKANDINAVIA A/S (CVR number: 11709214K) is a company from HERLEV. The company reported a net sales of 283 mDKK in 2023, demonstrating a decline of -9.6 % compared to the previous year. The operating profit percentage was at 10.4 % (EBIT: 29.3 mDKK), while net earnings were 19.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. ARDEX SKANDINAVIA A/S's liquidity measured by quick ratio was 2.1 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.