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 4884.5 kDKK in 2024. The operating profit was 796.3 kDKK, while net earnings were 540.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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 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.