SIDA DRIFT APS — Credit Rating and Financial Key Figures

SIDA DRIFT APS (CVR number: 40406786) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 214.9 kDKK in 2023. The operating profit was 110.5 kDKK, while net earnings were 86.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. SIDA DRIFT APS'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.