BIANCO FOOTWEAR A/S — Credit Rating and Financial Key Figures

BIANCO FOOTWEAR A/S (CVR number: 18912236) is a company from TØNDER. The company recorded a gross profit of -636.6 kDKK in 2023. The operating profit was -1567.7 kDKK, while net earnings were -2267.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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. BIANCO FOOTWEAR A/S's liquidity measured by quick ratio was 2.3 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.