AKZO NOBEL DECO A/S — Credit Rating and Financial Key Figures

AKZO NOBEL DECO A/S (CVR number: 15269340) is a company from KØBENHAVN. The company reported a net sales of 225.1 mDKK in 2023, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 13.6 mDKK), while net earnings were 9821 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 37.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. AKZO NOBEL DECO A/S's liquidity measured by quick ratio was 1.1 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.