SKANDINAVISK MOTOR CO. A/S — Credit Rating and Financial Key Figures

SKANDINAVISK MOTOR CO. A/S (CVR number: 70515113) is a company from BRØNDBY. The company reported a net sales of 14918.5 mDKK in 2023, demonstrating a growth of 32.2 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 987.2 mDKK), while net earnings were 754.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45.5 %, which can be considered excellent and Return on Equity (ROE) was 83.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SKANDINAVISK MOTOR CO. A/S's liquidity measured by quick ratio was 1.7 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.