SMIDT & KROMAND HOLDING A/S — Credit Rating and Financial Key Figures

SMIDT & KROMAND HOLDING A/S (CVR number: 33971494K) is a company from AARHUS. The company reported a net sales of 69.3 mDKK in 2017, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 1.4 mDKK), while net earnings were 541.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. SMIDT & KROMAND HOLDING A/S's liquidity measured by quick ratio was 1.7 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.