GG Development 8 ApS — Credit Rating and Financial Key Figures

GG Development 8 ApS (CVR number: 38240552) is a company from KØBENHAVN. The company recorded a gross profit of -179.8 kDKK in 2024. The operating profit was -179.8 kDKK, while net earnings were -9778.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -26.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GG Development 8 ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.