Ethicore Group ApS — Credit Rating and Financial Key Figures

Ethicore Group ApS (CVR number: 33167334) is a company from AARHUS. The company recorded a gross profit of -17 kDKK in 2023. The operating profit was -17 kDKK, while net earnings were 2130.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 45.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. Ethicore Group ApS's liquidity measured by quick ratio was 2.9 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.