Tekstile Europe ApS — Credit Rating and Financial Key Figures

Tekstile Europe ApS (CVR number: 32354505) is a company from IKAST-BRANDE. The company recorded a gross profit of 3522.5 kDKK in 2017. The operating profit was -2188.6 kDKK, while net earnings were -2320.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Tekstile Europe ApS'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.