EUROPEAN FUR ELITE ApS — Credit Rating and Financial Key Figures

EUROPEAN FUR ELITE ApS (CVR number: 35528768) is a company from VARDE. The company recorded a gross profit of -249.9 kDKK in 2024. The operating profit was -1070.4 kDKK, while net earnings were -880.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EUROPEAN FUR ELITE ApS's liquidity measured by quick ratio was 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.