SANDSØ ApS — Credit Rating and Financial Key Figures

SANDSØ ApS (CVR number: 29518246) is a company from VARDE. The company recorded a gross profit of -10.5 kDKK in 2023. The operating profit was -10.5 kDKK, while net earnings were -38.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -449.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SANDSØ ApS's liquidity measured by quick ratio was 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.