PHILIPS DANMARK A/S — Credit Rating and Financial Key Figures

PHILIPS DANMARK A/S (CVR number: 43253018) is a company from FREDERIKSBERG. The company reported a net sales of 334.8 mDKK in 2023, demonstrating a decline of -8 % compared to the previous year. The operating profit percentage was at 2.2 % (EBIT: 7.4 mDKK), while net earnings were 8846 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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. PHILIPS DANMARK A/S's liquidity measured by quick ratio was 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.