FISKARS DENMARK A/S — Credit Rating and Financial Key Figures

FISKARS DENMARK A/S (CVR number: 26573572) is a company from ALBERTSLUND. The company reported a net sales of 899 mDKK in 2023, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 29.1 % (EBIT: 262 mDKK), while net earnings were 214 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 68.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FISKARS DENMARK A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.