Scandinavian Footwear ApS — Credit Rating and Financial Key Figures

Scandinavian Footwear ApS (CVR number: 40192719) is a company from KØBENHAVN. The company recorded a gross profit of 390.1 kDKK in 2023. The operating profit was 390.1 kDKK, while net earnings were 301.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 54 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Scandinavian Footwear ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.