FIBERTEX NONWOVENS A/S — Credit Rating and Financial Key Figures

FIBERTEX NONWOVENS A/S (CVR number: 40098216) is a company from AALBORG. The company reported a net sales of 430.2 mDKK in 2019, demonstrating a decline of -3.9 % compared to the previous year. The operating profit percentage was poor at -3.9 % (EBIT: -16.7 mDKK), while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. FIBERTEX NONWOVENS A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.