Binné Scandinavia A/S — Credit Rating and Financial Key Figures

Binné Scandinavia A/S (CVR number: 42891908) is a company from VEJLE. The company recorded a gross profit of 5026.7 kDKK in 2023. The operating profit was 807.9 kDKK, while net earnings were 306.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -20.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Binné Scandinavia 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.