ALTUGLAS INTERNATIONAL DENMARK A/S — Credit Rating and Financial Key Figures

ALTUGLAS INTERNATIONAL DENMARK A/S (CVR number: 12505078) is a company from GENTOFTE. The company recorded a gross profit of 37.8 mDKK in 2023. The operating profit was 2999 kDKK, while net earnings were 775 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ALTUGLAS INTERNATIONAL DENMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.