Sandblast ApS — Credit Rating and Financial Key Figures

Sandblast ApS (CVR number: 42764388) is a company from HILLERØD. The company recorded a gross profit of -27 kDKK in 2023. The operating profit was -27 kDKK, while net earnings were -27 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -36.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. Sandblast ApS's liquidity measured by quick ratio was 3.8 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.