Smith Electric ApS — Credit Rating and Financial Key Figures

Smith Electric ApS (CVR number: 38748947K) is a company from ASSENS. The company recorded a gross profit of 812.5 kDKK in 2018. The operating profit was 51.4 kDKK, while net earnings were 28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Smith Electric ApS's liquidity measured by quick ratio was 5.8 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.