SCANDINAVIAN MEDICARE ApS — Credit Rating and Financial Key Figures

SCANDINAVIAN MEDICARE ApS (CVR number: 31490898) is a company from GENTOFTE. The company reported a net sales of 3.4 mDKK in 2023, demonstrating a decline of -39.4 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 0.4 mDKK), while net earnings were 368.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. SCANDINAVIAN MEDICARE ApS's liquidity measured by quick ratio was 3.5 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.