EGN Group A/S — Credit Rating and Financial Key Figures

EGN Group A/S (CVR number: 24208370K) is a company from SVENDBORG. The company reported a net sales of 266.8 mDKK in 2022, demonstrating a growth of 51 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 18.3 mDKK), while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -32.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EGN Group A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.