Algade Optik ApS — Credit Rating and Financial Key Figures

Algade Optik ApS (CVR number: 38287214) is a company from Brønderslev. The company recorded a gross profit of 3963.9 kDKK in 2024. The operating profit was 646 kDKK, while net earnings were 553.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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. Algade Optik ApS's liquidity measured by quick ratio was 3.5 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.