GENAN HOLDING A/S — Credit Rating and Financial Key Figures

GENAN HOLDING A/S (CVR number: 36557656) is a company from VIBORG. The company reported a net sales of 50 mDKK in 2023, demonstrating a growth of 27 % compared to the previous year. The operating profit percentage was at 14.1 % (EBIT: 7.1 mDKK), while net earnings were 1608 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. GENAN HOLDING A/S's liquidity measured by quick ratio was 1.5 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.