BAND-IT A/S — Credit Rating and Financial Key Figures

BAND-IT A/S (CVR number: 77051228) is a company from AALBORG. The company recorded a gross profit of 218.8 kDKK in 2017. The operating profit was 218.8 kDKK, while net earnings were -43.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BAND-IT A/S's liquidity measured by quick ratio was 46.9 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.