Skands & Søn ApS — Credit Rating and Financial Key Figures

Skands & Søn ApS (CVR number: 37090042) is a company from Høje-Taastrup. The company recorded a gross profit of 293.9 kDKK in 2023. The operating profit was -92 kDKK, while net earnings were -77.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.5 %, which can be considered poor and Return on Equity (ROE) was -56.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Skands & Søn ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.