CICON TIMBER A/S — Credit Rating and Financial Key Figures

CICON TIMBER A/S (CVR number: 25112334) is a company from FAVRSKOV. The company recorded a gross profit of 3369.1 kDKK in 2023. The operating profit was 1635.5 kDKK, while net earnings were 1262 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CICON TIMBER A/S's liquidity measured by quick ratio was 2 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.