FINELCO A/S — Credit Rating and Financial Key Figures

FINELCO A/S (CVR number: 29322953) is a company from HJØRRING. The company recorded a gross profit of 18.9 mDKK in 2023. The operating profit was 12 mDKK, while net earnings were 9140.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.3 %, which can be considered excellent and Return on Equity (ROE) was 49.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FINELCO A/S's liquidity measured by quick ratio was 0.9 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.