ABAS MILJØSERVICE — Credit Rating and Financial Key Figures

ABAS MILJØSERVICE (CVR number: 13438692) is a company from HERNING. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 2906.1 kDKK, while net earnings were 2843.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. ABAS MILJØSERVICE's liquidity measured by quick ratio was 1 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.