Euronics Danmark A/S — Credit Rating and Financial Key Figures

Euronics Danmark A/S (CVR number: 25256875) is a company from SKANDERBORG. The company reported a net sales of 567.1 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 8.6 mDKK), while net earnings were 3541.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. Euronics Danmark A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.