SONGLAS A/S — Credit Rating and Financial Key Figures

SONGLAS A/S (CVR number: 29816778) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 213.5 kDKK in 2022. The operating profit was 213.5 kDKK, while net earnings were 159.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. SONGLAS A/S's liquidity measured by quick ratio was 3.9 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.