ARDEX SKANDINAVIA A/S

ARDEX SKANDINAVIA A/S (CVR number: 11709214) is a company from HERLEV. The company reported a net sales of 260.5 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 19.1 mDKK), while net earnings were 19.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ARDEX SKANDINAVIA A/S's liquidity measured by quick ratio was 3.2 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.