Sydthy Elektro ApS — Credit Rating and Financial Key Figures

Sydthy Elektro ApS (CVR number: 38304747) is a company from THISTED. The company recorded a gross profit of 351 kDKK in 2019. The operating profit was 95.6 kDKK, while net earnings were 81.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79 %, 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. Sydthy Elektro ApS's liquidity measured by quick ratio was 4.8 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.