Smart24 ApS — Credit Rating and Financial Key Figures

Smart24 ApS (CVR number: 42660434) is a company from RINGSTED. The company recorded a gross profit of 3388.9 kDKK in 2023. The operating profit was 1610.7 kDKK, while net earnings were 1239.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 30.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. Smart24 ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.