Scandinavian Baggage Service ApS — Credit Rating and Financial Key Figures

Scandinavian Baggage Service ApS (CVR number: 40944877) is a company from TÅRNBY. The company recorded a gross profit of 4288.7 kDKK in 2025. The operating profit was -229.4 kDKK, while net earnings were -232.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, 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 Baggage Service ApS's liquidity measured by quick ratio was 2.7 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.