GIANNI FORMENTI & SONS, WINE BROKERS ApS — Credit Rating and Financial Key Figures

GIANNI FORMENTI & SONS, WINE BROKERS ApS (CVR number: 10121515) is a company from KØBENHAVN. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a decline of -45.8 % compared to the previous year. The operating profit percentage was poor at -139.4 % (EBIT: -1.8 mDKK), while net earnings were -933.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.3 %, which can be considered poor and Return on Equity (ROE) was -152.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GIANNI FORMENTI & SONS, WINE BROKERS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.