JN Smid ApS — Credit Rating and Financial Key Figures

JN Smid ApS (CVR number: 40909788) is a company from SYDDJURS. The company recorded a gross profit of 2.5 kDKK in 2022. The operating profit was 2.5 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. JN Smid ApS's liquidity measured by quick ratio was 9.5 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.