Advatech ApS — Credit Rating and Financial Key Figures

Advatech ApS (CVR number: 44138824) is a company from MORSØ. The company recorded a gross profit of 798.3 kDKK in 2023. The operating profit was 353.2 kDKK, while net earnings were 280.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.8 %, which can be considered excellent and Return on Equity (ROE) was 87.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. Advatech ApS's liquidity measured by quick ratio was 1.3 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.