UNION OILTECH ApS — Credit Rating and Financial Key Figures

UNION OILTECH ApS (CVR number: 30574621) is a company from SVENDBORG. The company recorded a gross profit of 1062.4 kDKK in 2023. The operating profit was 287.1 kDKK, while net earnings were 362 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. UNION OILTECH ApS's liquidity measured by quick ratio was 5.4 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.