Schmidt's Garage ApS — Credit Rating and Financial Key Figures

Schmidt's Garage ApS (CVR number: 40222448) is a company from HERLEV. The company recorded a gross profit of 513.6 kDKK in 2024. The operating profit was 207.7 kDKK, while net earnings were 194.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.4 %, which can be considered excellent and Return on Equity (ROE) was 181.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Schmidt's Garage ApS's liquidity measured by quick ratio was 2 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.