SCHMIDTS RADIO A/S — Credit Rating and Financial Key Figures

SCHMIDTS RADIO A/S (CVR number: 32152570) is a company from ASSENS. The company recorded a gross profit of 7085.5 kDKK in 2023. The operating profit was 1088.2 kDKK, while net earnings were 495.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 20.4 %, 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. SCHMIDTS RADIO A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.