GIVE MØBLER ApS — Credit Rating and Financial Key Figures

GIVE MØBLER ApS (CVR number: 35033297) is a company from VEJLE. The company recorded a gross profit of 684.8 kDKK in 2023. The operating profit was 205.4 kDKK, while net earnings were 154.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. GIVE MØBLER ApS's liquidity measured by quick ratio was 0.5 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.