SMIDT WORKS ApS — Credit Rating and Financial Key Figures

SMIDT WORKS ApS (CVR number: 42005916) is a company from KØBENHAVN. The company recorded a gross profit of 1050.7 kDKK in 2023. The operating profit was 252.3 kDKK, while net earnings were 193.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SMIDT WORKS ApS's liquidity measured by quick ratio was 2.6 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.