EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S — Credit Rating and Financial Key Figures

EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S (CVR number: 34601240) is a company from GULDBORGSUND. The company recorded a gross profit of 689.6 kDKK in 2023. The operating profit was 147.3 kDKK, while net earnings were 61.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -25.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EUROPEAN COMPOSIT RECYCLING TECHNOLOGY A/S's liquidity measured by quick ratio was 5.4 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.