Jan De Nul Luxembourg-Hellenic Cables Consortium - Thor Array Cables I/S — Credit Rating and Financial Key Figures

Jan De Nul Luxembourg-Hellenic Cables Consortium - Thor Array Cables I/S (CVR number: 43944479) is a company from KØBENHAVN. The company reported a net sales of 12.7 mEUR in 2023. The operating profit percentage was at 0 % (EBIT: 0 mEUR), while net earnings were 0 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Jan De Nul Luxembourg-Hellenic Cables Consortium - Thor Array Cables I/S's liquidity measured by quick ratio was 1 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.