EUROPEAN HOUSE OF BEDS - DENMARK A/S

EUROPEAN HOUSE OF BEDS - DENMARK A/S (CVR number: 31478200) is a company from HORSENS. The company recorded a gross profit of 21.6 mDKK in 2023. The operating profit was -14.8 mDKK, while net earnings were -13.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -91.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EUROPEAN HOUSE OF BEDS - DENMARK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.