SANITA FOOTWEAR A/S — Credit Rating and Financial Key Figures

SANITA FOOTWEAR A/S (CVR number: 32151248) is a company from HERNING. The company recorded a gross profit of 5567 kDKK in 2023. The operating profit was -2680 kDKK, while net earnings were -12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -65.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SANITA FOOTWEAR A/S'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.