GORMSGADES KONDITORI ApS — Credit Rating and Financial Key Figures

GORMSGADES KONDITORI ApS (CVR number: 69481310) is a company from VEJLE. The company recorded a gross profit of 491.4 kDKK in 2023. The operating profit was 425.5 kDKK, while net earnings were 251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GORMSGADES KONDITORI ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.