Simpson Spence Young - Bidsted A/S — Credit Rating and Financial Key Figures

Simpson Spence Young - Bidsted A/S (CVR number: 39375095) is a company from GENTOFTE. The company recorded a gross profit of 2166.1 kUSD in 2023. The operating profit was 664.8 kUSD, while net earnings were 563.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. Simpson Spence Young - Bidsted A/S's liquidity measured by quick ratio was 4.6 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.