SJØRRING MASKINFABRIK HOLDING A/S — Credit Rating and Financial Key Figures

SJØRRING MASKINFABRIK HOLDING A/S (CVR number: 26426499) is a company from THISTED. The company recorded a gross profit of 28.3 kDKK in 2016. The operating profit was -28.3 kDKK, while net earnings were -20 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -36 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. SJØRRING MASKINFABRIK HOLDING A/S's liquidity measured by quick ratio was 1.3 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.