SMG NORDEN A/S

SMG NORDEN A/S (CVR number: 27381774) is a company from VARDE. The company recorded a gross profit of 3579.7 kDKK in 2023. The operating profit was 1823 kDKK, while net earnings were 1371.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42 %, which can be considered excellent and Return on Equity (ROE) was 57.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. SMG NORDEN A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.