SABIC INNOVATIVE PLASTICS DENMARK ApS — Credit Rating and Financial Key Figures

SABIC INNOVATIVE PLASTICS DENMARK ApS (CVR number: 20251476) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 10.7 mDKK in 2023. The operating profit was 9339.5 kDKK, while net earnings were 8823.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SABIC INNOVATIVE PLASTICS DENMARK ApS's liquidity measured by quick ratio was 21.5 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.