SCANDINAVIAN BAKEHOUSE ApS — Credit Rating and Financial Key Figures

SCANDINAVIAN BAKEHOUSE ApS (CVR number: 35659447) is a company from MIDDELFART. The company recorded a gross profit of 4532 kDKK in 2023. The operating profit was 2184.4 kDKK, while net earnings were 1735.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SCANDINAVIAN BAKEHOUSE ApS's liquidity measured by quick ratio was 1.4 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.