Andersen Bakery Europe A/S — Credit Rating and Financial Key Figures

Andersen Bakery Europe A/S (CVR number: 38748068) is a company from KØBENHAVN. The company recorded a gross profit of 15.2 mDKK in 2023. The operating profit was 1315.3 kDKK, while net earnings were 989.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70 %, 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. Andersen Bakery Europe A/S's liquidity measured by quick ratio was 2 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.