Odgaard Smykker ApS — Credit Rating and Financial Key Figures

Odgaard Smykker ApS (CVR number: 38989030) is a company from AALBORG. The company recorded a gross profit of 107.4 kDKK in 2022. The operating profit was 9.1 kDKK, while net earnings were 6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Odgaard Smykker ApS's liquidity measured by quick ratio was 6.7 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.