GARNE & MADSEN ApS — Credit Rating and Financial Key Figures

GARNE & MADSEN ApS (CVR number: 30602803) is a company from KOLDING. The company recorded a gross profit of -365.4 kDKK in 2023. The operating profit was -711.9 kDKK, while net earnings were 762.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GARNE & MADSEN ApS's liquidity measured by quick ratio was 7.6 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.