SKANDINAVISK MOTOR CO. PREMIUM IMPORT A/S — Credit Rating and Financial Key Figures

SKANDINAVISK MOTOR CO. PREMIUM IMPORT A/S (CVR number: 25592514) is a company from KØBENHAVN. The company reported a net sales of 352.1 mDKK in 2023, demonstrating a decline of -10 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 12.6 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 27.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. SKANDINAVISK MOTOR CO. PREMIUM IMPORT A/S's liquidity measured by quick ratio was 0.3 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.