Etex SKA A/S — Credit Rating and Financial Key Figures

Etex SKA A/S (CVR number: 32347967K) is a company from AARHUS. The company reported a net sales of 518.2 mDKK in 2021, demonstrating a growth of 31.4 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 35.1 mDKK), while net earnings were 14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. Etex SKA A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.