SMITHERNE ApS — Credit Rating and Financial Key Figures

SMITHERNE ApS (CVR number: 41294175) is a company from VEJLE. The company recorded a gross profit of -6.5 kDKK in 2023. The operating profit was -6.5 kDKK, while net earnings were 2924 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. SMITHERNE ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.