ABB A/S — Credit Rating and Financial Key Figures

ABB A/S (CVR number: 31371716) is a company from MIDDELFART. The company reported a net sales of 2213.7 mDKK in 2023, demonstrating a growth of 15.7 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 74.4 mDKK), while net earnings were 59 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. ABB A/S's liquidity measured by quick ratio was 0 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.