SMEDENS HOLDING ApS — Credit Rating and Financial Key Figures

SMEDENS HOLDING ApS (CVR number: 31176557) is a company from AALBORG. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -39.2 % compared to the previous year. The operating profit percentage was at 98.4 % (EBIT: 0.6 mDKK), while net earnings were 657.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SMEDENS HOLDING ApS's liquidity measured by quick ratio was 133.5 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.