Smagens Verden IVS — Credit Rating and Financial Key Figures

Smagens Verden IVS (CVR number: 39030772) is a company from ODENSE. The company recorded a gross profit of 11.3 kDKK in 2020. The operating profit was 11.3 kDKK, while net earnings were 9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Smagens Verden IVS's liquidity measured by quick ratio was 11.5 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.