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 240.8 mDKK in 2024, demonstrating a growth of 2.8 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 20.5 mDKK), while net earnings were 64.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 31.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.