Smidstrup Advokatanpartsselskab — Credit Rating and Financial Key Figures

Smidstrup Advokatanpartsselskab (CVR number: 38278932) is a company from ODENSE. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -45.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.9 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Smidstrup Advokatanpartsselskab's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.