ETEX NORDIC A/S — Credit Rating and Financial Key Figures

ETEX NORDIC A/S (CVR number: 78611812) is a company from FREDERICIA. The company recorded a gross profit of 24.9 mDKK in 2023. The operating profit was -12.7 mDKK, while net earnings were -10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ETEX NORDIC A/S's liquidity measured by quick ratio was 2.9 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.