SCANDINAVIA PAINT SOLUTION A/S

SCANDINAVIA PAINT SOLUTION A/S (CVR number: 33955332) is a company from ODENSE. The company recorded a gross profit of 21.7 mDKK in 2023. The operating profit was 4606.6 kDKK, while net earnings were 3572.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. SCANDINAVIA PAINT SOLUTION A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.