K/S Splendid 2020 — Credit Rating and Financial Key Figures

K/S Splendid 2020 (CVR number: 41855509) is a company from AARHUS. The company recorded a gross profit of -18.4 kEUR in 2024. The operating profit was -18.4 kEUR, while net earnings were 203.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 53.7 %, which can be considered excellent and Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S Splendid 2020's liquidity measured by quick ratio was 43.4 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.