Global Equestrian Group Holding ApS — Credit Rating and Financial Key Figures

Global Equestrian Group Holding ApS (CVR number: 39690748K) is a company from AALBORG. The company reported a net sales of 548.4 mDKK in 2023, demonstrating a decline of -19.7 % compared to the previous year. The operating profit percentage was poor at -24.9 % (EBIT: -136.4 mDKK), while net earnings were -260 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. Global Equestrian Group Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.