ScanBelt Modular Conveyor Systems A/S — Credit Rating and Financial Key Figures

ScanBelt Modular Conveyor Systems A/S (CVR number: 13845085) is a company from HJØRRING. The company recorded a gross profit of 76.3 mDKK in 2023. The operating profit was 30.4 mDKK, while net earnings were 24.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. ScanBelt Modular Conveyor Systems A/S's liquidity measured by quick ratio was 2.4 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.