ECCO Shops A/S — Credit Rating and Financial Key Figures

ECCO Shops A/S (CVR number: 18637073) is a company from TØNDER. The company recorded a gross profit of 5230.2 kDKK in 2019. The operating profit was -2654 kDKK, while net earnings were -2188.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29 %, which can be considered poor and Return on Equity (ROE) was -98.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ECCO Shops A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.