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

Ege Carpets A/S (CVR number: 38454218) is a company from HERNING. The company reported a net sales of 940.9 mDKK in 2023, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 23.9 mDKK), while net earnings were 35.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.