European Fishing Clothes ApS — Credit Rating and Financial Key Figures

European Fishing Clothes ApS (CVR number: 37191701) is a company from SKANDERBORG. The company recorded a gross profit of 952.9 kDKK in 2023. The operating profit was 274.5 kDKK, while net earnings were 370.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -22.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. European Fishing Clothes ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.