ECCO SKO A/S — Credit Rating and Financial Key Figures

ECCO SKO A/S (CVR number: 45349918K) is a company from TØNDER. The company reported a net sales of 1570.5 mEUR in 2023, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 114.2 mEUR), while net earnings were 47 mEUR. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. ECCO SKO A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.