FIBERLINE COMPOSITES A/S — Credit Rating and Financial Key Figures

FIBERLINE COMPOSITES A/S (CVR number: 13639108) is a company from MIDDELFART. The company reported a net sales of 552.5 mDKK in 2023, demonstrating a decline of -47.9 % compared to the previous year. The operating profit percentage was poor at -16.9 % (EBIT: -93.6 mDKK), while net earnings were -114.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -37.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FIBERLINE COMPOSITES A/S's liquidity measured by quick ratio was 2.7 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.