GO MORFELDEN ApS — Credit Rating and Financial Key Figures

GO MORFELDEN ApS (CVR number: 29837120K) is a company from KØBENHAVN. The company reported a net sales of 0.4 mEUR in 2018, demonstrating a decline of -38.9 % compared to the previous year. The operating profit percentage was at 87.7 % (EBIT: 0.3 mEUR), while net earnings were 217.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. GO MORFELDEN ApS's liquidity measured by quick ratio was 2.9 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.