AVD SOLAR ApS — Credit Rating and Financial Key Figures

AVD SOLAR ApS (CVR number: 28152434) is a company from HERNING. The company recorded a gross profit of 55 kDKK in 2017. The operating profit was 55 kDKK, while net earnings were 36.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AVD SOLAR ApS's liquidity measured by quick ratio was 2.2 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.