Ege Carpets A/S — Credit Rating and Financial Key Figures

Ege Carpets A/S (CVR number: 38454218K) is a company from HERNING. The company reported a net sales of 1206.3 mDKK in 2023, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 69.8 mDKK), while net earnings were 43.3 mDKK. 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 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ege Carpets A/S's liquidity measured by quick ratio was 0.8 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.