SCHULTZ SEATING GROUP A/S — Credit Rating and Financial Key Figures

SCHULTZ SEATING GROUP A/S (CVR number: 16875996K) is a company from SKANDERBORG. The company reported a net sales of 82.9 mDKK in 2023, demonstrating a decline of -25.2 % compared to the previous year. The operating profit percentage was poor at -17.9 % (EBIT: -14.8 mDKK), while net earnings were -16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -50.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. SCHULTZ SEATING GROUP A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.