TEXTILES ApS — Credit Rating and Financial Key Figures

TEXTILES ApS (CVR number: 36017678) is a company from HERNING. The company recorded a gross profit of -51 kDKK in 2023. The operating profit was -319 kDKK, while net earnings were 717.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TEXTILES ApS's liquidity measured by quick ratio was 6.5 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.