Smørrebrød Online ApS — Credit Rating and Financial Key Figures

Smørrebrød Online ApS (CVR number: 41696885) is a company from SKANDERBORG. The company recorded a gross profit of 2656.3 kDKK in 2023, demonstrating a growth of 81.5 % compared to the previous year. The operating profit was 51.4 kDKK, while net earnings were 39.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Smørrebrød Online ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.