CONVEYOR TECHNIQUE A/S — Credit Rating and Financial Key Figures

CONVEYOR TECHNIQUE A/S (CVR number: 42127582) is a company from NÆSTVED. The company recorded a gross profit of 9370.3 kDKK in 2023. The operating profit was 1676.1 kDKK, while net earnings were 790.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -1.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CONVEYOR TECHNIQUE A/S's liquidity measured by quick ratio was 0.9 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.