ADDING ENGINEERING A/S

ADDING ENGINEERING A/S (CVR number: 32348955) is a company from AALBORG. The company recorded a gross profit of 51.1 mDKK in 2023. The operating profit was 10.3 mDKK, while net earnings were 8056.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.7 %, which can be considered excellent and Return on Equity (ROE) was 271.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. ADDING ENGINEERING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.