Smilla Food A/S — Credit Rating and Financial Key Figures

Smilla Food A/S (CVR number: 32268706) is a company from AALBORG. The company reported a net sales of 233.8 mDKK in 2023, demonstrating a growth of 22.7 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 9.3 mDKK), while net earnings were 6658.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 44 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Smilla Food A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.