PHOENIX DESIGN AID A/S — Credit Rating and Financial Key Figures

PHOENIX DESIGN AID A/S (CVR number: 20771291) is a company from RANDERS. The company recorded a gross profit of 5086.7 kDKK in 2023. The operating profit was -2074.7 kDKK, while net earnings were -2392.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -28.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PHOENIX DESIGN AID A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.