INDUSTRIAL TEXTILES A/S — Credit Rating and Financial Key Figures

INDUSTRIAL TEXTILES A/S (CVR number: 73263328) is a company from ALLERØD. The company recorded a gross profit of -852.1 kDKK in 2023. The operating profit was -5239.3 kDKK, while net earnings were -4264.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.2 %, which can be considered poor and Return on Equity (ROE) was -137.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. INDUSTRIAL TEXTILES A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.