SANNES MALERFORRETNING A/S — Credit Rating and Financial Key Figures

SANNES MALERFORRETNING A/S (CVR number: 29838720) is a company from HEDENSTED. The company recorded a gross profit of 6977.8 kDKK in 2023. The operating profit was 1053.8 kDKK, while net earnings were 811.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24 %, which can be considered excellent and Return on Equity (ROE) was 50.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SANNES MALERFORRETNING A/S's liquidity measured by quick ratio was 1.5 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.