PHILIPTEX A/S — Credit Rating and Financial Key Figures

PHILIPTEX A/S (CVR number: 31065399) is a company from HERNING. The company recorded a gross profit of -468 kDKK in 2023. The operating profit was -648 kDKK, while net earnings were 2513 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, 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 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PHILIPTEX A/S's liquidity measured by quick ratio was 6.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.