GØNGE HOLDING ApS — Credit Rating and Financial Key Figures

GØNGE HOLDING ApS (CVR number: 30714865K) is a company from TÅRNBY. The company reported a net sales of 502.9 mDKK in 2016, demonstrating a growth of 32.5 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 31.4 mDKK), while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. GØNGE HOLDING 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.