SCANDINAVIAN BRAKE SYSTEMS A/S — Credit Rating and Financial Key Figures

SCANDINAVIAN BRAKE SYSTEMS A/S (CVR number: 32774210K) is a company from KØBENHAVN. The company recorded a gross profit of -4800 kDKK in 2023, demonstrating a decline of -92 % compared to the previous year. The operating profit was -8900 kDKK, while net earnings were -25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -78.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SCANDINAVIAN BRAKE SYSTEMS A/S'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.