SiteTech ApS — Credit Rating and Financial Key Figures

SiteTech ApS (CVR number: 37663115) is a company from MIDDELFART. The company recorded a gross profit of 945 kDKK in 2018. The operating profit was 71.7 kDKK, while net earnings were 51.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 62.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SiteTech ApS'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.