Sandet Formidling ApS — Credit Rating and Financial Key Figures

Sandet Formidling ApS (CVR number: 38009273) is a company from KØBENHAVN. The company recorded a gross profit of -10 kDKK in 2019. The operating profit was -10 kDKK, while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, 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. Sandet Formidling ApS's liquidity measured by quick ratio was 1.6 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.