SCANDINAVIAN CERAMICS ApS — Credit Rating and Financial Key Figures

SCANDINAVIAN CERAMICS ApS (CVR number: 26530040) is a company from HVIDOVRE. The company recorded a gross profit of 1881.1 kDKK in 2023. The operating profit was 1706.9 kDKK, while net earnings were 2677.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. SCANDINAVIAN CERAMICS ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.