ANDVENDECK POWER EUROPE ApS — Credit Rating and Financial Key Figures

ANDVENDECK POWER EUROPE ApS (CVR number: 27275532) is a company from ODDER. The company recorded a gross profit of 79.9 kDKK in 2020. The operating profit was -37 kDKK, while net earnings were -29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. ANDVENDECK POWER EUROPE ApS's liquidity measured by quick ratio was 2.3 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.