SATNORDIC ApS — Credit Rating and Financial Key Figures

SATNORDIC ApS (CVR number: 28990677) is a company from VARDE. The company recorded a gross profit of 15.2 mDKK in 2023. The operating profit was 11.6 mDKK, while net earnings were 9224.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 90.7 %, which can be considered excellent and Return on Equity (ROE) was 72.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SATNORDIC ApS's liquidity measured by quick ratio was 28.8 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.