SCANDINAVIAN PROPERTY DEVELOPMENT A/S — Credit Rating and Financial Key Figures

SCANDINAVIAN PROPERTY DEVELOPMENT A/S (CVR number: 29539421) is a company from KØBENHAVN. The company recorded a gross profit of -1298.3 kDKK in 2023. The operating profit was -1914.8 kDKK, while net earnings were -2339.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDINAVIAN PROPERTY DEVELOPMENT A/S's liquidity measured by quick ratio was 24.1 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.