CREDIN A/S — Credit Rating and Financial Key Figures

CREDIN A/S (CVR number: 26447003) is a company from HEDENSTED. The company reported a net sales of 234.1 mDKK in 2023, demonstrating a growth of 15.3 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 10.8 mDKK), while net earnings were 37.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. CREDIN A/S's liquidity measured by quick ratio was 1 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.