HOUSE OF TEXTILES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOUSE OF TEXTILES A/S
HOUSE OF TEXTILES A/S (CVR number: 26256186) is a company from HOLBÆK. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was -39 kDKK, while net earnings were -563.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46 %, which can be considered excellent but Return on Equity (ROE) was -57.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOUSE OF TEXTILES A/S's liquidity measured by quick ratio was 2.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | ||
EBIT | 6.00 | -38.98 |
Net earnings | - 174.00 | - 563.58 |
Shareholders equity total | 1 256.00 | 692.26 |
Balance sheet total (assets) | 1 959.00 | 1 240.69 |
Net debt | 633.00 | -38.91 |
Profitability | ||
EBIT-% | ||
ROA | 20.9 % | 46.0 % |
ROE | -13.9 % | -57.9 % |
ROI | -7.8 % | -41.9 % |
Economic value added (EVA) | 6.00 | - 101.99 |
Solvency | ||
Equity ratio | 64.1 % | 55.8 % |
Gearing | 50.6 % | 1.5 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.8 | 2.3 |
Current ratio | 2.8 | 2.3 |
Cash and cash equivalents | 2.00 | 48.99 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | BB |
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