SKAWPLAST A/S — Credit Rating and Financial Key Figures

SKAWPLAST A/S (CVR number: 16696870) is a company from FREDERIKSHAVN. The company recorded a gross profit of 2464.2 kDKK in 2023. The operating profit was 44.7 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. SKAWPLAST 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.