Altek Electric ApS — Credit Rating and Financial Key Figures

Altek Electric ApS (CVR number: 37760382) is a company from NORDDJURS. The company recorded a gross profit of 15 kDKK in 2023. The operating profit was 13 kDKK, while net earnings were -40.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent but Return on Equity (ROE) was -91.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Altek Electric ApS's liquidity measured by quick ratio was 2.2 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.