LOUIS BØRNETØJ A/S — Credit Rating and Financial Key Figures

LOUIS BØRNETØJ A/S (CVR number: 70017512) is a company from HERNING. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was -26.8 kDKK, while net earnings were 22.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOUIS BØRNETØJ A/S's liquidity measured by quick ratio was 10.8 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.