SafeGround Technology ApS — Credit Rating and Financial Key Figures

SafeGround Technology ApS (CVR number: 41997761) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 391.9 kDKK in 2023. The operating profit was 309.2 kDKK, while net earnings were 234.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. SafeGround Technology ApS's liquidity measured by quick ratio was 1.6 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.