Specialized Denmark ApS — Credit Rating and Financial Key Figures

Specialized Denmark ApS (CVR number: 40912673) is a company from HORSENS. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was 3372.7 kDKK, while net earnings were 1724.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Specialized Denmark ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.