SCANDINAVIAN FITTINGS & FLANGES ApS — Credit Rating and Financial Key Figures

SCANDINAVIAN FITTINGS & FLANGES ApS (CVR number: 18251086) is a company from ESBJERG. The company recorded a gross profit of 15.7 mDKK in 2023. The operating profit was 9244.3 kDKK, while net earnings were 5395.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. SCANDINAVIAN FITTINGS & FLANGES ApS's liquidity measured by quick ratio was 1.8 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.