SKF DANMARK A/S — Credit Rating and Financial Key Figures

SKF DANMARK A/S (CVR number: 39424118) is a company from HVIDOVRE. The company recorded a gross profit of 41 mDKK in 2023. The operating profit was 14 mDKK, while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. SKF DANMARK A/S's liquidity measured by quick ratio was 3 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.