CONDAIR A/S — Credit Rating and Financial Key Figures

CONDAIR A/S (CVR number: 15200537) is a company from SKANDERBORG. The company recorded a gross profit of 47.9 mDKK in 2023. The operating profit was 13.8 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72 %, 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. CONDAIR A/S's liquidity measured by quick ratio was 2.9 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.