SPEED TECH A/S — Credit Rating and Financial Key Figures

SPEED TECH A/S (CVR number: 15020334) is a company from GENTOFTE. The company recorded a gross profit of 8872.3 kDKK in 2023. The operating profit was 6439.8 kDKK, while net earnings were 5217.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.2 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, 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. SPEED TECH A/S's liquidity measured by quick ratio was 3.4 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.