J. SCHMIDT HOLDING ApS — Credit Rating and Financial Key Figures

J. SCHMIDT HOLDING ApS (CVR number: 26025427) is a company from LEMVIG. The company recorded a gross profit of -12.2 kDKK in 2019. The operating profit was -12.2 kDKK, while net earnings were -12.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. J. SCHMIDT HOLDING ApS's liquidity measured by quick ratio was 2.9 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.