EURO TIMBER TRADE A/S — Credit Rating and Financial Key Figures

EURO TIMBER TRADE A/S (CVR number: 33367465) is a company from ODENSE. The company recorded a gross profit of 533.2 kDKK in 2018. The operating profit was 283.2 kDKK, while net earnings were 143.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. EURO TIMBER TRADE A/S's liquidity measured by quick ratio was 1.5 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.