PHOENIX DANISH HOLDING A/S — Credit Rating and Financial Key Figures

PHOENIX DANISH HOLDING A/S (CVR number: 34702047) is a company from KØBENHAVN. The company recorded a gross profit of -37 kDKK in 2023. The operating profit was -37 kDKK, while net earnings were 44.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PHOENIX DANISH HOLDING A/S's liquidity measured by quick ratio was 206.6 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.