The Eastern Craft ApS — Credit Rating and Financial Key Figures

The Eastern Craft ApS (CVR number: 39366088) is a company from KØBENHAVN. The company reported a net sales of 0.1 mDKK in 2022, demonstrating a decline of -47.1 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 0 mDKK), while net earnings were 8.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -38.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Eastern Craft ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.