SCANDINAVIAN JEWELLERY GROUP ApS

SCANDINAVIAN JEWELLERY GROUP ApS (CVR number: 35045821K) is a company from KØBENHAVN. The company recorded a gross profit of -4.9 kDKK in 2018. The operating profit was -4.9 kDKK, while net earnings were -0.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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 JEWELLERY GROUP ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.