SKORSTENSFEJERVÆRKTØJ ApS — Credit Rating and Financial Key Figures

SKORSTENSFEJERVÆRKTØJ ApS (CVR number: 31938856) is a company from VARDE. The company recorded a gross profit of 1956.5 kDKK in 2023. The operating profit was 452.8 kDKK, while net earnings were 310.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. SKORSTENSFEJERVÆRKTØJ ApS's liquidity measured by quick ratio was 0.3 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.