Crossbridge Energy A/S — Credit Rating and Financial Key Figures

Crossbridge Energy A/S (CVR number: 10373816) is a company from FREDERICIA. The company reported a net sales of 13604 mDKK in 2019, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 239.8 mDKK), while net earnings were 149.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. Crossbridge Energy A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.