SMEDEN FAXE A/S — Credit Rating and Financial Key Figures

SMEDEN FAXE A/S (CVR number: 27527299) is a company from FAXE. The company recorded a gross profit of 31.2 mDKK in 2023. The operating profit was 17.4 mDKK, while net earnings were 13.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 56.5 %, which can be considered excellent and Return on Equity (ROE) was 71.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. SMEDEN FAXE A/S'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.