H2O SPORTSWEAR A/S — Credit Rating and Financial Key Figures

H2O SPORTSWEAR A/S (CVR number: 34687641) is a company from AARHUS. The company recorded a gross profit of 9280.1 kDKK in 2023. The operating profit was 1983.7 kDKK, while net earnings were 1425.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. H2O SPORTSWEAR 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.