PHILIPTEX A/S — Credit Rating and Financial Key Figures

PHILIPTEX A/S (CVR number: 31065399K) is a company from HERNING. The company recorded a gross profit of 74.2 mDKK in 2023. The operating profit was 8709 kDKK, while net earnings were 2559 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PHILIPTEX 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.