EnTech Marine A/S — Credit Rating and Financial Key Figures

EnTech Marine A/S (CVR number: 37745073K) is a company from HJØRRING. The company recorded a gross profit of 5396 kDKK in 2017. The operating profit was -584.3 kDKK, while net earnings were -522.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.5 %, which can be considered poor and Return on Equity (ROE) was -31.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. EnTech Marine A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.