SKIVE SMEDE & MASKINTEKNIK A/S — Credit Rating and Financial Key Figures

SKIVE SMEDE & MASKINTEKNIK A/S (CVR number: 26381150) is a company from SKIVE. The company recorded a gross profit of 3206.8 kDKK in 2023. The operating profit was 386 kDKK, while net earnings were 318.7 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 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. SKIVE SMEDE & MASKINTEKNIK A/S's liquidity measured by quick ratio was 2.8 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.