GLOBAL FURNITURE A/S — Credit Rating and Financial Key Figures

GLOBAL FURNITURE A/S (CVR number: 29916578) is a company from HJØRRING. The company recorded a gross profit of 675.3 kDKK in 2023. The operating profit was -3.7 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. GLOBAL FURNITURE A/S's liquidity measured by quick ratio was 2.1 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.