ECCO HOLDING A/S — Credit Rating and Financial Key Figures

ECCO HOLDING A/S (CVR number: 20096098) is a company from TØNDER. The company reported a net sales of 14.3 mDKK in 2023, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was poor at -38.3 % (EBIT: -5.5 mDKK), while net earnings were 132.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ECCO HOLDING A/S's liquidity measured by quick ratio was 5.6 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.