SCANDINAVIAN FURNITURE GROUP ApS

SCANDINAVIAN FURNITURE GROUP ApS (CVR number: 30245296) is a company from FREDERIKSBERG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0 mDKK), while net earnings were -0.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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 FURNITURE GROUP ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.