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

SCHULTZ SEATING GROUP A/S (CVR number: 16875996) is a company from SKANDERBORG. The company reported a net sales of 30.9 mDKK in 2023, demonstrating a decline of -30.4 % compared to the previous year. The operating profit percentage was poor at -8.6 % (EBIT: -2.7 mDKK), while net earnings were -16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, 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 37.6 %, 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 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.