STATE OF ART SCANDINAVIA A/S — Credit Rating and Financial Key Figures

STATE OF ART SCANDINAVIA A/S (CVR number: 30731913) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -101 kDKK, while net earnings were -136 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. STATE OF ART SCANDINAVIA A/S's liquidity measured by quick ratio was 37.6 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.