Textile Pioneers ApS — Credit Rating and Financial Key Figures

Textile Pioneers ApS (CVR number: 31751071) is a company from FREDERIKSBERG. The company recorded a gross profit of 517.3 kDKK in 2024. The operating profit was -754.2 kDKK, while net earnings were -598.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.8 %, which can be considered poor and Return on Equity (ROE) was -52.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Textile Pioneers ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.