Schack Olsen A/S — Credit Rating and Financial Key Figures

Schack Olsen A/S (CVR number: 71328228) is a company from FREDENSBORG. The company recorded a gross profit of -22.6 kDKK in 2020. The operating profit was -81.9 kDKK, while net earnings were -60.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.9 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Schack Olsen A/S's liquidity measured by quick ratio was 4.5 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.