Phidan Engineering ApS — Credit Rating and Financial Key Figures

Phidan Engineering ApS (CVR number: 37342688) is a company from SKANDERBORG. The company recorded a gross profit of 6154.5 kDKK in 2023. The operating profit was 1533.1 kDKK, while net earnings were 1185.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. Phidan Engineering ApS's liquidity measured by quick ratio was 3.1 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.